Commercial Broker Relationships Wanted and Protected (CCIM)

Paramount to the Main Street Trust Corporation investment strategy of delivering superior returns is MSTC’s preservation of the broker-client relationship.  When on the buy-side of a transaction, MSTC protects broker commissions; MSTC does not seek to share or cooperate in broker commissions.  MSTC also protects broker commissions when it decides to dispose of an asset.  MSTC engages the brokerage community by listing its properties with outside brokers who are experts in their particular markets, usually listing its properties with the broker from whom the asset was purchased.  Even further, in certain circumstances, MSTC encourages our broker partners the opportunity to co-invest with us.

Our Commercial Acquisition Criteria

MSTC’s primary acquisition strategy is to acquire value-add, multi-family and commercial properties located in areas with high barriers to entry and high population growth. The company’s secondary acquisition strategy is to purchase stabilized properties with above average cash flow in the same areas.

• Acquisition Price: $2,000,000 +
• Size: 15,000 S.F. or greater
• Preferred Retail Locations: MA, CT, RI, NJ, NY, NC, AL, MS, TN, FL
• Preferred Office Locations: FL
• Physical Quality: A/B
• Location Quality: A/B/C
• Current Cap Rate: No requirement for value add; 6.5 – 8% + (depending on quality) for stabilized
• Leveraged 3 Year IRR: 18% + IRR for value added properties
• Cash on Cash: 6-8% + for stabilized properties (depending on quality)

If you have listed any properties fitting the above criteria, please contact us.

Our Multi-Family Acquisition Criteria

MSTC’s primary acquisition strategy is to purchase value-added, multi-family and commercial properties located within high barrier to entry, infill and high population growth markets. The company’s secondary acquisition strategy is to purchase stabilized properties with an above average cash flow in the same areas.

• Acquisition Price: $500,000 +
• Preferred Price: $2,000,000 - $5,000,000
• Size: 10 or greater
• Preferred Areas: MA, CT, RI, NJ, NY, NC, AL, MS, TN, FL, selected nationwide location depending on the deal
• Physical Quality: A/B/C
• Location Quality: A/B
• Current Cap Rate: No requirement for value add; 6.5 – 8% + (depending on quality) for stabilized
• Leveraged 3 Year IRR: 18% + for value added properties
• Cash on Cash: 6-8% + for stabilized properties (depending on quality)

If you have listed any properties fitting the above criteria, please contact us.