Brauvin’s investment focus is on the creation and preservation of value through its investments in net-leased assets. Brauvin acquires properties leased primarily to retail and retail-related tenants.

Brauvin invests primarily in retail and retail-related properties. Brauvin creates investment entities with a defined business plan and life cycle. Brauvin has been exclusively acquiring net lease properties since 1986 and has acquired assets in 38 states. Brauvin is currently acquiring assets for its 18th investment fund.
Brauvin’s investment vehicles have included REITs (both publicly registered and privately held), limited liability companies, and partnerships. Brauvin investors have included institutional investors, opportunity funds, family offices and high net worth individuals.
Brauvin’s key executives average more than 15 years with the company and more than 25 years of real estate experience. Brauvin continues to expand its net lease property portfolios through selective acquisition of assets throughout the country.

INVESTMENT CRITERIA

Brauvin is actively seeking to purchase single tenant retail and medical office properties. We operate exclusively as a principal and acquire properties on an all-cash basis.

Brauvin has specialized in the acquisition of net lease properties throughout the U.S. since 1986 with over 300 acquisitions across 40 states. We have extensive experience in timely closing complex, multi-asset transactions.

Target Acquisition Criteria:

  • Single tenant retail, childcare, restaurant or medical office
  • Primary and secondary markets throughout the United States
  • 50,000 people within a 5-mile radius preferred
  • Short term and long term leases
  • Rent increases in primary lease term
  • Public, private, corporate or franchisee credits
  • Portfolios not to exceed a $50 million purchase price
  • Individual properties not to exceed $7 million purchase price

For more information regarding Brauvin's acquisition criteria, please contact:

Management

Mr. James L. Brault — President

James L. Brault is responsible for the overall strategic direction and operations of the Brauvin and he has served as its chief executive officer since 1998. He is also chairman of the investment committee and has direct responsibility for property investment and disposition decisions.

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Prior to joining the Brauvin organization in May 1989, he was Vice President of the Commercial Real Estate Division of First National Bank of Chicago, based in their Washington, D.C. office. Mr. Brault joined the bank in 1983 and during his six-year tenure, restructured or refinanced nearly $360 million in commercial real estate loans and originated $160 million in new loans.

Mr. Brault received a B.A. in Economics from Williams College, Williamstown, Massachusetts in 1983 and an M.B.A. in Finance and Investment from George Washington University, Washington, D.C. in 1987. Mr. Brault was a General Securities Principal and held a Series 24, Series 7, Series 79 (Investment Banking) and Series 63 securities licenses.

Mr. Thomas E. Murphy — Chief Financial Officer

Thomas Murphy is responsible for the daily operations of Brauvin’s accounting and financial reporting and reporting to regulatory agencies.

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Prior to joining the Brauvin organization, Mr. Murphy was in the accounting department of Zell/Merril Lynch and First Capital Real Estate Funds where he was responsible for the preparation of the accounting and financial reporting for several real estate limited partnerships and corporations. Mr. Murphy received a B.S. degree from Northern Illinois University in 1988. He is a Certified Public Accountant and a member of the Illinois Certified Public Accountants Society.

Contact Mr. Murphy at tmurphy@brauvin.com..

Mr. Eric D. Saltzman — Managing Director

Eric Saltzman is responsible for the origination of net lease acquisition, due diligence and property assessment. Mr. Saltzman has twenty years of experience in the commercial real estate industry.

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Prior to joining Brauvin, Mr. Saltzman worked with Rushmore Properties, LLC, Klaff Realty, LLC and LaSalle Bank. During his career, Mr. Saltzman has been directly responsible for identifying, acquiring, underwriting and financing value-added and core investment properties. Mr. Saltzman holds a Bachelor of Arts degree in Urban and Regional Planning from the University of Illinois.

Contact Mr. Saltzman at esaltzman@brauvin.com..

Mr. John Siragusa — VP Asset Management

John Siragusa is responsible for the management and operation of Brauvin’s net lease portfolio including oversight of tenant relationships, billing, collection and lease verification.

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Prior to joining Brauvin in 2005, Mr. Siragusa was previously with the Operations Division of The Chicago Mercantile Exchange. In addition, he previously managed the day to day operations of a commercial collection agency. Mr. Siragusa received a B.A. degree (Criminal Justice) from University of Illinois (Chicago campus) in 1988.

Contact Mr. Siragusa at jsiragusa@brauvin.com..

Mr. Tanner Brawley — Director of Acquisitions

Tanner Brawley is responsible for sourcing, underwriting, negotiating, and closing on the acquisition of net lease properties throughout the country.

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Mr. Brawley joined Brauvin in 2012 as an Investor Relations Associate, responsible for maintaining Brauvin’s CRM software and serving as the primary point of contact for investors and advisors. Prior to joining Brauvin, Mr. Brawley co-founded an investment services firm based in New York City. Mr. Brawley began his career at Merrill Lynch where he supported one of the largest asset management teams in the company.

Mr. Brawley holds a Bachelor of Science degree in Finance and Entrepreneurship from the Kelley School of Business at Indiana University Bloomington.

Contact Mr. Brawley at tbrawley@brauvin.com..

Mr. Will Brault — Director

Will Brault is responsible for sourcing and underwriting potential acquisitions of net lease properties throughout the country and works closely with various team members to negotiate and close such transactions.

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Prior to joining Brauvin in 2022, Mr. Brault worked as an Associate for Wells Fargo's Corporate and Investment Bank in the Commercial Real Estate division. Mr. Brault's responsibilities included underwriting and closing new loan origination opportunities as well as maintaining existing relationship exposure in excess of $1.0 billion.

Mr. Brault received a B.S. in Finance in addition to a concentration in Real Estate Finance from the Cox School of Business at Southern Methodist University.

Contact Mr. Brault at wbrault@brauvin.com..

Mr. Kevin Vargas — Investor Services Specialist – Accountant

Kevin Vargas is responsible for the daily communication with our investors and advisors, as well as Brauvin’s Investor Database. He also assists with the daily operations of Brauvin’s accounting and financial reporting.

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Prior to joining Brauvin, Mr. Vargas worked at KPMG in their audit practice where he assisted in carrying out quality audit and other assurance services to clients in real estate and mutual funds.

Mr. Vargas received a Bachelor of Arts in Accounting from DePaul University in 2014.

Contact Mr. Vargas at kvargas@brauvin.com..

Mr. Jerome J. Brault — Founder, 1933 – 2011

After losing his father, Euzeb, and brother, Robert, at the age of six in a 1940 automobile accident, Mr. Brault entered the world of business as a young boy to help support his mother, Mary, and surviving brother, Jack, and sister, Barbara. He started out as one of the original soda jerks at Schennum’s Drugstore at Division and Mayfield in Chicago’s Austin neighborhood, where Mr. Brault was raised. He later became a successful Chicago entrepreneur.

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Mr. Brault worked his way through Fenwick High School and DePaul University. While attending DePaul, he was a stock runner on the floor of the Midwest Stock Exchange for Dan Rice & Company, a stock and bond company. Subsequently, Mr. Brault moved to Chesley & Company, and in 1968, Mr. Brault became Chesley & Company’s sole shareholder, President and Chairman. Chesley & Company merged with Burton J. Vincent & Co. in 1974, and Mr. Brault served the merged firm as President of the Board and Chief Operating Officer. In 1977, while on the floor of the New York Stock Exchange, Mr. Brault appreciated the opportunities presented by membership to the NYSE, and he purchased his own membership on the spot.

Mr. Brault pursued other business opportunities as well. In 1979, he purchased Suburban Trust and Savings Bank in Oak Park with two other investors, and he thereafter acquired Drexel National Bank on Chicago’s south side. Mr. Brault served as a director of both banks for many years before selling his interests. Mr. Brault also owned a stake in the Atlanta Braves, and in 1974, he was present in Atlanta when Hank Aaron broke Babe Ruth’s career home run record.

In 1979, Mr. Brault founded Brauvin Real Estate, a national commercial real estate investment firm. From 1979 to 1985, Brauvin Real Estate was the real estate investment arm of A.G. Edwards Co. in St. Louis. During this time, Brauvin Real Estate acquired shopping centers and office buildings throughout the country. After the Tax Reform Act of 1986, Brauvin Real Estate pioneered investments strategies for single-tenant, triple-net lease properties. Under Mr. Brault’s leadership, Brauvin Real Estate created 16 real estate investment funds and three real estate investment trusts that collectively acquired several hundred properties located in 37 states.

Mr. Brault was active in civic activities. He was elected a Commissioner of the Park Ridge Park District and served in that capacity from 1973 to 1979, including as President for three years. He also served as an arbitrator for securities industry disputes for the National Association of Securities Dealers and the Financial Industry Regulatory Authority.

Mr. Brault had a wide range of interests beyond the realm of business. Together with his wife, Mary, Mr. Brault traveled to more than 60 countries on seven continents. A deeply religious man, Mr. Brault was especially thankful for having met Pope John Paul II and having attended Mass in the Pope’s private chapel with his wife and daughter, Eva, in 1993.

As Mr. Brault’s son, James Brault, explained, “My dad was the ultimate self-made man. He had an innate sense for business, but he was also creative in many other ways. He was a painter, he learned to play the piano in his late 50s, he was an art collector, he built doll houses and miniature train sets.. But above all else, he was a devoted husband, father, grandfather and great-grandfather. This is where his heart was. We will miss him more than words can express.” Mr. Brault is survived by Mary, his wife of 52 years, his children Jerry, Jr., Jim, Cathie, John, Molly, and Eva, 22 grandchildren, one great-grandchild, his sister Barbara and his brother Jack.

NEWS

Brauvin 18 Acquires La Petite Academy in Papillion, NE

March 8, 2022

Brauvin 18 acquired a 10,226 square foot childcare building located in Papillion, NE, (greater Omaha), for $3,900,000. The property is leased to La Petite Academy and the lease is guaranteed by Learning Care Group , the second largest for-profit childcare provider in North America with approximately 1,000 schools servicing […]

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Brauvin announces the sale of 59 net lease properties to a public REIT for $185,000,000

February 22, 2022

February 22, 2022 | Source: BRAUVIN FOR IMMEDIATE RELEASE: Chicago, IL February 22, 2022 Brauvin Real Estate announces the sale of 59 net lease properties to a public REIT for a sale price of $185,000,000. The portfolio included properties located in 18 states throughout the country leased to 16 tenants. Approximately 50% of the tenancy […]

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Brauvin Acquires a Learning Care Group Property in Clermont, FL

August 6, 2021

Brauvin 18 acquired a 14,841 square foot childcare building located in Clermont, FL, approximately 20 miles west of Orlando, for $3,972,000. The property is leased to Learning Care Group (US) Inc. (“LCG”), the second largest for-profit childcare provider in North America with approximately 950 schools servicing over 130,000 children. […]

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Brauvin Acquires 5 Wendy’s (Carolina Restaurant Group) Properties in South Carolina

April 15, 2021

Brauvin 18 acquired five Wendy’s quick service restaurants located in South Carolina for an aggregate purchase price of $12,150,000. The properties are leased on a long-term basis to Carolina Restaurant Group, Inc. (“CRG”). Formed in 1993, CRG is one of the top 10 Wendy’s franchisees by unit number, and operates over 122 Wendy’s restaurants in the […]

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Brauvin Acquires Two Wendy’s (Meritage Hospitality Group) Properties in Indiana

December 29, 2020

Brauvin 18 acquired two Wendy’s quick service restaurants located in Indiana for an aggregate purchase price of $4,050,000. The properties are leased on a long-term basis to Meritage Hospitality Group (“Meritage”), which is the second-largest Wendy’s franchisee, and operates over 330 Wendy’s restaurants throughout the United States. […]

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Brauvin Acquires a Cheddar’s Scratch Kitchen Property in Harlingen, TX

December 16, 2020

Brauvin 18 acquired a 7,957 square foot Cheddar’s Scratch Kitchen restaurant located in Harlingen, TX, for $4,165,000. Harlingen is located approximately 30 miles east of McAllen, and 25 miles north of Brownsville. Darden Restaurants, Inc. (NYSE: DRI) is the parent company of Cheddar’s, and guarantees the lease. DRI owns and operates over 1,800 […]

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Brauvin Acquires a CVS Property in Indianapolis, IN

November 2, 2020

Brauvin 18 acquired a 13,042 square foot CVS pharmacy property located in Indianapolis for $2,525,000. The lease is guaranteed by CVS Health Corporation (NYSE: CVS), which is the largest pharmacy chain in the United States with more than 9,900 retail locations, and has investment grade credit ratings of BBB (S&P) and Baa2 (Moody’s). […]

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Brauvin Acquires a Tractor Supply Property in Victoria, TX

October 9, 2020

Brauvin 18 acquired a 19,119 square foot Tractor Supply store located in Victoria, TX, approximately 130 miles southwest of Houston, for $2,800,000. Tractor Supply Company (NASDAQ: TSCO) is the largest retail farm and ranch store chain in the United States with over 1,800 stores in 49 states. […]

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Brauvin Acquires a Tractor Supply Property in Soddy Daisy, TN

March 3, 2020

Brauvin 18 acquired a 34,027 square foot Tractor Supply store located in Soddy Daisy, TN, approximately 15 miles north of Chattanooga, for $2,110,000. Tractor Supply Company (NASDAQ: TSCO) is the largest retail farm and ranch store chain in the United States with over 1,800 stores in 49 states. […]

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Brauvin Acquires Spec’s Property in Killeen, TX

September 29, 2019

Brauvin 18, Inc. acquired a 28,526 sq. ft. Spec’s liquor retail store in Killeen, TX for $2,450,000. Spec’s Wine, Spirits & Finer Foods, is a Texas family-owned liquor store chain, with headquarters in Houston. Spec’s owns and operates 165 liquor retail stores throughout the state of Texas and is the fifth largest retailer of wine in the country. Spec’s […]

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Brauvin Acquires a CVS Property in Georgia

August 14, 2019

Brauvin acquired a CVS drugstore and pharmacy property in Gainesville, Georgia for $2,417,000. Gainseville is located approximately 55 miles northeast of downtown Atlanta. The lease is guaranteed by CVS Health Corporation a leading pharmacy benefits manager with 93 million plan members, over 9,900 retail locations, and approximately 1,100 walk-in medical clinics. Both CVS’ corporate credit […]

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Brauvin Acquires 5 Burger King Properties in the Midwest

June 19, 2019

Brauvin acquired five Burger King properties located in Michigan and Wisconsin for an aggregate purchase price of $8,512,000. The properties are leased on a long term basis to Cave Enterprises Operations, LLC, the sixth largest Burger King franchisee (“Cave”). Cave operates 135 restaurants throughout the Midwest. Cave is based in Chicago and has been a […]

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Brauvin Acquires 5 Childcare Network Properties

March 29, 2019

Brauvin Net Investments and Brauvin 18 have acquired 5 properties leased to Childcare Network for an aggregate cost of $13,540,000. Childcare Network is the 4th largest for-profit early education operator in the country that operates over 250 centers nationwide. The properties are located in Texas, Georgia and Florida and were acquired through three separate transactions. […]

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Brauvin 18 Acquires Four Jiffy Lube Properties

March 27, 2019

Brauvin 18 acquired four quick lube service centers for a total price of $3,500,000. Three of the four properties are located in Savannah, GA and one is on Hilton Head Island, SC. The properties are leased to Team Car Care East, LLC (the “Tenant”), a sub-entity of Team Car Care, LLC, formerly known as Heartland […]

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Brauvin Acquires a CVS with a “Rent Holiday” lease

December 13, 2018

Brauvin 18 acquired a property operated by CVS Health Corp. (NYSE: CVS) for a total cost of $3,755,000. CVS is an investment grade-rated company and is ranked No. 17 on Fortune’s Global 500. The property had a thirteen year term remaining on the lease and the final three years were “rent holidays”. Brauvin and its […]

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