Devonshire REIT

Overview

Devonshire REIT is a real estate investment trust based in Whitehouse, Ohio, specializing in the acquisition and management of retail properties across the United States. The company focuses on grocery-anchored and value-oriented neighborhood shopping centers, as well as single-tenant net lease properties, aiming to provide attractive positive cash flow and acquire assets below replacement cost. With a management team averaging 25 years of commercial real estate experience per person, Devonshire REIT has grown from $6 million to over $515 million in total assets and 4.9 million square feet under management in six years. The company's portfolio includes properties in the Great Lakes, Midwest, and Southeastern regions of the U.S., emphasizing high-value, high-cash-flow assets in attractive sub-markets. Devonshire REIT is committed to delivering exceptional performance by aligning the interests of investors, fiduciaries, and management, ensuring the highest standards of professionalism and integrity in the industry.

Investment Focus

• Focus on grocery-anchored and value-oriented neighborhood shopping centers
• Interest in single-tenant net lease properties
• Preference for assets acquired below replacement cost
• Targeting positive cash flow properties
• Geographical focus on the Great Lakes, Midwest, and Southeastern regions of the United States
• Alignment with investor, fiduciary, and management interests
• Commitment to high standards of professionalism and integrity