ICONIC's investment strategy is to aggressively target generally stable but under-invested properties with value creation strategies. Value-creation strategies include a) asset re-positioning through amenity, quality and visual upgrades b) vacancy lease-up and mark-to-market leasing and c) focus on tenants long-term needs
Our market focus is on major East Coast, Southeast and Midwest markets and select secondary markets in MSA's with a population of two-million and above with strong economic growth prospects.
Asset Quality: Class B and above.
Core, well-leased, operationally stable properties with low near-term rollover in leases and/or staggered lease expirations for existing tenants.
Properties presenting operational risk or deficiency - such as low occupancy levels, capital requirements or inefficient management - that present opportunity to add value generally through improved management, leasing, recapitalization, renovation and/or repositioning.