Chestnut Realty Management invests in stable commercial real estate assets that provide asset preservation and annual income with potential for long-term growth. The team has the ability to understand and react quickly to opportunities in the market. Chestnut works with local management and leasing teams within its sub-markets and also provides a variety of management and leasing services to the properties within its portfolio. With modest levels of leverage, Chestnut pursues acquisitions in the $5M-$50M value range but larger investments may be considered. Chestnut will pursue opportunities that provide the most attractive risk-adjusted returns relative to the current marketplace.

The primary assets owned and pursued are core/core-plus and are located in (i) Greater Boston, (ii) South Florida and (iii) Mid-Atlantic.

Industrial Properties
Flex, Distribution, Warehouse, Heavy Industrial, Food Processing

  • Well located along a major highway

  • Includes minimal office space (no more than 10%) with flexible layouts

  • Generally sized under 200,000 square feet with a minimum 22’ clear height

  • Possess generous amounts of docks/drive-in doors (1 dock per 10,000 SF)

Retail Properties
Grocery-Anchored Shopping Centers, High Street Retail, Village Retail Strips and Single Tenant Net Lease

Grocer Anchored Shopping Centers

  • Grocer accounting for at least 60% of leasable area

  • Minimal big box dependency

  • Maximum square footage of 200,000

  • Population density of 100,000+ within a 3-mile radius

  • Median household incomes of $80,000+ within a 3-mile radius

Village Retail Strips

  • Unanchored strips located in affluent suburban downtowns with relatively strong density

High Street Retail

  • Includes shop space in downtown, urban environments with extreme population density and pedestrian traffic

Single Tenant Net Lease

  • Outparcels adjacent to strong performing suburban shopping centers on a highly trafficked thoroughfare

  • Strong demographics and visibility

  • Possess simple and superior ingress & egress

  • Possess a re-lettable per square foot basis with a feasible alternative-use

Multi-Family Properties

  • Class A & B product type within select urban and suburban markets

  • 75-300 unit count size range

  • Preference to own multiple buildings within a small geographic area, taking advantage of leasing and management synergies

  • Garden style, townhouse style and mid-rise property types