TNP Strategic Retail Trust, Inc.

Other California, United States ·Founded 2008

Overview

TNP Strategic Retail Trust, Inc. is a publicly registered non-traded Real Estate Investment Trust (REIT) that focuses on investing in grocery and drug-store anchored, multi-tenant necessity retail properties, primarily located in the Western United States. The company also invests in real estate-related assets, including mortgage, mezzanine, bridge, and other loans related to commercial real estate. As of November 13, 2012, the company's Board of Directors determined an estimated value per share of the company's common stock to be $10.60, an increase from $10.40 as of June 30, 2012. The company's portfolio includes various shopping centers and retail properties across multiple states. For example, in 2011, TNP Strategic Retail Trust acquired Pinehurst Square East, a 114,292-square-foot multi-tenant retail center in Bismarck, North Dakota. The acquisition was part of the company's strategy to expand its presence in the Western United States. Additionally, in 2011, the company acquired Topaz Marketplace in Hesperia, California, a retail center featuring a diverse tenant base, including grocery, medical, educational, and service uses. TNP Strategic Retail Trust's investment philosophy centers on acquiring necessity-anchored retail properties that provide stable and growing cash flow. The company's portfolio is anchored by nationally and regionally recognized tenants, aiming to offer investors durable dividend yields. This strategy is designed to protect principal and create growth, aligning with the company's focus on long-term value creation in the retail real estate sector.

Investment Focus

  • Grocery and drug-store anchored, multi-tenant necessity retail properties
  • Properties located primarily in the Western United States
  • Real estate-related assets, including mortgage, mezzanine, bridge, and other loans related to commercial real estate

Portfolio Companies

Pinehurst Square EastTopaz MarketplaceSummit Point Shopping Center

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Frequently asked questions about TNP Strategic Retail Trust, Inc.

What sectors does TNP Strategic Retail Trust, Inc. invest in?

TNP Strategic Retail Trust, Inc. invests in Commercial Real Estate and Retail Real Estate, and is based in California, United States. TNP Strategic Retail Trust, Inc. is listed as a other in the ConnectSafely investor database.

What stage does TNP Strategic Retail Trust, Inc. invest at?

TNP Strategic Retail Trust, Inc. backs companies at Growth and Late Stage.

Which regions does TNP Strategic Retail Trust, Inc. invest in?

TNP Strategic Retail Trust, Inc. invests across United States.

What companies has TNP Strategic Retail Trust, Inc. invested in?

TNP Strategic Retail Trust, Inc.'s portfolio includes Pinehurst Square East, Topaz Marketplace and Summit Point Shopping Center.

Last updated · Source: ConnectSafely investor database