Mascia Development, LLC is currently seeking opportunities to acquire, redevelop, or develop retail assets in the Northeast.

Mascia Development targets existing, cash-flowing assets: grocery-anchored centers, power centers, and strip centers greater 20,000 square feet. Potential transactions for the Company may include single asset or portfolio acquisitions. In addition to fee simple real estate, we are willing to purchase mortgages under certain circumstances. Retail centers with extra land or outparcels are preferred.

Area of Focus

We commonly seek projects in areas of the Northeast that offer the potential to build long term value. Our primary areas of focus are the New York City, Albany, Rochester, Syracuse, Buffalo, Utica, and Ithaca markets. We will also consider potential acquisitions in areas adjacent to these Cities. Properties located elsewhere in the Northeast will be considered on a case-by-case basis.

Regardless of which market, the property must be highly visible and located on a heavily traveled roadway ie 15,000+ cars per day.

Transaction Size

The preferred transaction size for existing assets $1.5 million to $15 million. All of our acquisitions demonstrate positive, existing cash flow at the time of investment with an upside in lease-up. The preferred transaction size for development is site dependent.

Contact

If you are an owner or broker with a potential acquisition that fits our criteria, please contact our Development and Acquisitions team by clicking here or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .