The primary goal of our investment strategy is to meet or exceed the expectations of investors and partners. We maintain a flexible structure that allows us to acquire assets in a variety of ways to take advantage of shifts in market conditions and the different opportunities that present themselves, whether it is sourcing deals through traditional avenues or through our deep network of contacts.

Ideally we seek the following investment attributes:

• 14% - 20% returns
• Investments up to $50MM
• Supply constrained markets
• Acquire assets at a discount to typical market conditions
• Revenue growth potential in recovering or accelerating markets
• Office class B or better and select industrial (R&D, Flex or warehouse)
• Investments that allow us the ability to actively control an asset

How we do it
Our track record speaks for itself. As a commercial real estate pioneer in eastern New England, Neelon Properties has a long record of stable ownership and comprehensive experience in acquisitions, development and property management. Because of this lengthy history in the marketplace we maintain excellent relationships with local industry professionals and their firms. We seek to increase the value of our investments by solid property/asset management, leveraging our market knowledge and placement of appropriate levels of debt.

On a project by project basis we have the ability to perform property acquisition, joint ventures, entitlements, assemble a tested project team (architects, engineers, attorneys, consultants and contractors) and identify appropriate financing sources. Neelon’s centralized structure allows for the ability to make decisions quickly and effectively.

We apply the following principles to the investments we make:

• Preserve Capital
• Adhere to a risk profile
• Apply risk appropriate assumptions
• Apply experience from past market conditions and investments
• Rigorous due diligence
• Pro-actively manage the asset