



Brauvin Real Estate forms venture to acquire $200 million of single tenant, net lease retail properties throughout the country.
Brauvin Real Estate has formed its ninth net lease venture specializing in the acquisition of single tenant, net leased retail properties throughout the United States in conjunction with Matrix Capital Advisors, LLC and MCA Securities.
Brauvin Net Lease, Inc. has initially raised approximately $110 million of discretionary equity and debt capital and will increase its capitalization to approximately $200 million by the end of 2007. Brauvin will continue the retail-oriented, net lease philosophy that its principals have developed over the past twenty years. Brauvin’s investment focus will be on free-standing properties leased on a “triple net” basis to retail, childcare, convenience store, restaurant and medical office concepts. Tenants will include a broad range of credit quality and lease terms will range from short to long-term. Individual asset acquisitions will range in size from $750,000 to $7.5 million. Portfolio acquisitions will include multiple properties with aggregate value of up to $50 million. Brauvin and its affiliates have acquired more than 200 assets in 32 states throughout the country.
“Brauvin Net Lease, Inc. is a continuation of the net lease investment strategy that our management team has successfully employed over the last two decades through our public, private and institutional equity investments. We focus on long term, stabilized assets as well as on shorter term, value added opportunities. Brauvin Net Lease, Inc. will maintain this focus and is aggressively seeking acquisition opportunities in the sector.” said James L. Brault, President.