Prominent shopping center in a high-traffic location in St. Petersburg, Florida – Brazilian Investors Only.
Early Fund
Equity
The members of the EarlyShares management team will serve as administrators of the EarlyFund and communicate as needed with fund investors in the U.S. and abroad. Heather Schwarz-Lopes, Mark Gillanders, and Joanna Schwartz will oversee specific portfolio investments and handle all necessary administration, reporting, accounting, and distributions.
Ativore is a global real estate investment consultancy focused on supporting the diversification and internationalization of investors´ real estate portfolios.
We operate in countries, regions and selected niche markets where the economic, social and demographic conditions leverage opportunities for property investments with excellent rental returns and good potential for capital appreciation in the long term.
In target markets, we set up expert networks, which support our clients in all stages of their investment process, simplifying and demystifying this process. We work heavily in intelligence generation and dissemination of information on global property markets and investor education.
Saglo Development Corporation (Saglo) is a Miami, FL-based retail shopping center investment and management company that was founded in 1976 and incorporated as a Florida corporation in 1989. Through recent strategic dispositions, and by monetizing the value created in its portfolio, we believe Saglo is in a strong capital position, allowing it to acquire or develop shopping centers throughout Florida to continue its growth.
Saglo currently owns, leases and manages 800,000 SF of shopping centers and provides third party management and leasing for an additional 230,000 SF of commercial property in Florida. The company’s existing infrastructure has the capacity to provide leasing and management services for an additional 1,000,000 SF of retail.
With years of experience, an aggressive leasing team and expert property management, we unlock the potential value within each shopping center.
At Saglo Development Corporation we’ve built a talented, experienced and passionate team of commercial real estate professionals, all committed to making every Saglo property a destination of choice for consumers. We pride ourselves on our strong work ethic and high level of integrity, while we continually challenge ourselves to look for new and better ways to add value, enhance efficiency and increase profits for our retail partners.
Our mission is to deliver a superior shopping experience for all visitors to our properties while maintaining a clean, safe and desirable environment for our retail partners in which modern business can thrive. At Saglo, the primary objective is to secure superior and sustained long term growth. This is accomplished through a focus on adding value through strategic portfolio selection, intense asset management, redevelopment, and meticulous financial management.
The speed and flexibility of a small company with the operating systems and sophistication of a large organization.
In-depth and conservative financial analysis using Argus software as well as our own proprietary investment model.
The principals of the company are directly involved on a day to day basis and provide service and care from an owner’s perspective.
Experienced management team that is efficient, detail-oriented and focused on keeping shopping centers clean, safe and well maintained.
In-house leasing team with a proven record and over 40 years of combined experience.
150-200 properties are reviewed each year in order to find the assets which we believe provide a good combination of returns and risks.
We purchase the property and secure the debt prior to raising the equity.
The Property is located on a “Main & Main” intersection connecting downtown St. Petersburg with the Gulf of Mexico as well as North and South Pinellas County.
A 24-hour Walmart Supercenter opened next door in 2011 and draws customers from at least a 5-mile radius. Across the street is the Grand Central bus station, which creates a tremendous amount of daily pedestrian traffic.
Ninty-nine percent of the Property’s tenant mix are nationals, with uses that are suited for the trade area. Other nationals on the intersection include Walgreens, CVS, Rent A Center, Rainbow, Amscot, Advance Auto Parts, Popeyes, H&R Block, MetroPCS and USPS. Densely populated neighborhoods such as Kenwood, Beachway Park, United Central and Bayview surround the shopping center.
Central Plaza Shopping Center is one of the first major retail centers to be built in St. Petersburg and continues to be in high-demand for retailers that would like to enter this market.
The plan was created in response to the desire to create a “unified vision of Central Avenue that allows the individual districts to develop and maintain their unique identities.” Central Avenue is the ony bay-to-bay avenue and one of the most historic and prominent corridors in St. Petersburg. Its development reflects the diverse history and character of the community, and its future potential is a tremendous growth opportunity to be realized. The revitalization project started prior to 2012 and will be ongoing for the next several years. The improvements are already noticeable as you travel toward Downtown St. Petersburg. (For more information, see the Central Avenue Revitalization Plan).
Central Avenue contains several distinct “districts,” many of which are represented by active business associations. The Central Plaza district from 31st Street to 37th Street does not have a formal organization and is primarily comprised of retail stores, and, unique to Central Avenue, mary are national chains.