PMAT Acquisitions

Overview

PMAT Acquisitions is a fully integrated real estate investment platform focused on value-add retail properties across the United States. Founded in 2003 by Bob Whelan, a former Chief Financial Officer of Sizeler Property Investors, Inc., the firm has transacted on approximately 14 million square feet of primarily grocery-anchored, off-price, discount, and fitness-anchored Suburban Open-Air Retail (SOAR) shopping centers in seventeen states. Their investment strategy centers on acquiring fundamentally strong assets below replacement cost, occupied by well-performing tenants, and located in markets with strong retailer demand. The firm's approach involves hands-on ownership to create value through redevelopment and re-tenanting. PMAT targets suburban secondary and tertiary markets with populations of 100,000 or more within a 5-mile radius and median household incomes exceeding $60,000. They focus on properties with mid to low 80% occupancy or less, seeking opportunities to infuse capital for renewal, re-tenanting, and renovation. Their portfolio includes assets anchored by grocery, off-price, discount, necessity, and fitness tenants. PMAT's track record includes over 100 transactions with an aggregate value exceeding $1.4 billion, encompassing more than 14 million square feet. Their success is attributed to a passionate team of creative problem solvers and long-term strategic partnerships with national specialists. The firm's commitment to tenant relationships and investor results has established a reputation for consistently generating above-market returns for partners.

Investment Focus

• Properties in suburban secondary and tertiary markets with populations of 100,000+ within a 5-mile radius and median household incomes above $60,000
• Assets with mid to low 80% occupancy or less, presenting value-add opportunities
• Properties anchored by grocery, off-price, discount, necessity, or fitness tenants