First Washington Realty

Convenience, Necessity, and Experiences

FWR invests principally in convenience and necessity retail in great neighborhoods in the United States. Our centers offer convenience, necessity, and experiences.

Great Neighborhoods

We invest in trade areas with attractive demographics and barriers to entry.

Flexibility

We can invest in flexible ways:

  • Fast decisions
  • A single property or a portfolio
  • JV equity
  • Creative deal structures

We can invest in diverse opportunities:

  • Stabilized centers
  • Value-add properties
  • Stand-alone or in mixed-use environments

All-Cash Buyer

We are an all-cash buyer with no financing contingencies. We are willing to assume debt.

Firm Profile

FWR currently owns an interest in nearly 150 shopping centers with a value of over $9.3 billion located in 22 states and the District of Columbia. Our shopping center real estate portfolio contains nearly 22.6 million square feet with approximately 4,000 tenants. The company is headquartered in Bethesda, Maryland with offices in Dallas, Kansas City, Orange County, Portland, Sacramento, and San Diego.

For additional information regarding FWR’s acquisition criteria, please see below.

Criteria

Investment Strategy

We make retail investments in stabilized properties that offer convenience, necessity, and experiences. We buy market-dominant properties in high-barrier markets with strong demographics.

We also are willing to invest in repositioning or redevelopment opportunities. In these cases, the centers do not need to be stabilized. We also invest in retail that is located in a mixed-use environment.

Investment Type

FWR is experienced in single property, portfolio and JV equity transactions and has an in-house due diligence team. We invest in mixed-use neighborhood and community shopping centers, preferably grocery and/or drug anchored.

Investment Parameters

We typically invest a minimum of $10 million in properties. We have the ability to assume existing loans and offer creative structures. We prefer grocery and/or drug-anchored properties located in major metropolitan locations with strong incomes and population growth.

National Investment Contacts

Alex Nyhan

p: 301.961.3223

anyhan@firstwash.com

Regional Investment Contacts

Amrit Chase

East Coast, Midwest, Southeast, Texas

p: 301.961.3226

c: 571.217.8951

achase@firstwash.com

Sarah Ellis

Washington, Oregon, California, Utah

p: 415.699.9004

sellis@firstwash.com

CONTACTS BY REGION