Our Properties

PREP is focused on transforming retail real estate by repositioning lifestyle centers, power centers and enclosed malls that are undermanaged, capital starved, poorly merchandised and/or distressed.  PREP also acquires and manages well-located, triple-net retail properties from non-institutional sellers and creates value through lease restructure or tenant upgrade.

Net Lease Investments
Circle K

Phoenix, Arizona

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Net Lease Investments
CVS

Phoenix, Arizona

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Net Lease Investments
Verizon/Advance America

Blythe, California

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PPG/Strategic Investment
Aurora City Place

Aurora, Colorado

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Net Lease Investments
TD Bank

Bridgeport, Connecticut

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Net Lease Investments
KFC/Taco Bell

Wilmington, Delaware

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Net Lease Investments
Taco Bell

Bonita Springs, Florida

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PPG/Strategic Investment
Posner Commons

Davenport, Florida

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Net Lease Investments
Mister Car Wash

Cumming, Georgia

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Net Lease Investments
Advance Auto Parts

Pooler, Georgia

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Net Lease Investments
Verizon

Bloomington, Illinois

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Net Lease Investments
Dollar Tree

Chicago, Illinois

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Net Lease Investments
Harbor Freight

Gurnee, Illinois

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Net Lease Investments
Bright Horizons

Itasca, Illinois

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Net Lease Investments
Walgreens

Kewanee, Illinois

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PPG/Strategic Investment
Fifth Third Bank

Oswego, Illinois

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Net Lease Investments
BMO Harris

Wheeling, Illinois

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Net Lease Investments
Tire Barn

Bloomington, Indiana

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Net Lease Investments
Family Dollar

Gary, Indiana

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Net Lease Investments
AutoZone

Gas City, Indiana

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Net Lease Investments
Tires Plus

Plainfield, Indiana

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Net Lease Investments
Car-X

Whiting, Indiana

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Net Lease Investments
Dollar General

Carlisle, Iowa

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Net Lease Investments
Burger King

Denison, Iowa

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Net Lease Investments
Sonic

Bowling Green, Kentucky

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Net Lease Investments
Captain D’s

Louisville, Kentucky

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Net Lease Investments
Best Buy

Lafayette, Louisiana

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Net Lease Investments
Dollar General

New Orleans, Louisiana

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Net Lease Investments
Advance Auto Parts

Clinton, Maryland

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Net Lease Investments
Wendy’s

Edgewood, Maryland

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PPG/Strategic Investment
Hanover Crossing

Hanover, Massachusetts

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Net Lease Investments
Family Dollar

Detroit, Michigan

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Net Lease Investments
Little Caesars

Flint, Michigan

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Net Lease Investments
Little Caesars

Pontiac, Michigan

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Net Lease Investments
Goodyear

Blaine, Minnesota

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Net Lease Investments
Big O’ Tires

Blaine, Minnesota

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Net Lease Investments
Arbys

Northfield, Minnesota

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Net Lease Investments
Sherwin Williams

Columbus, Mississippi

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Net Lease Investments
Fresenius Kidney Care

Hazlehurst, Mississippi

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Net Lease Investments
Caliber Collision

Florissant, Missouri

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Net Lease Investments
Cracker Barrel

O'Fallon, Missouri

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Net Lease Investments
National Tire & Battery

St. Peters, Missouri

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PPG/Strategic Investment
Shadow Lake Towne Center

Papillion, Nebraska

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Net Lease Investments
Denny’s

Auburn, New York

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Net Lease Investments
Walgreens

Syracuse, New York

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Net Lease Investments
M&T Bank

Utica, New York

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Net Lease Investments
Just Tires

Clayton, North Carolina

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Net Lease Investments
Family Dollar

Forest City, North Carolina

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Net Lease Investments
Family Dollar

Red Springs, North Carolina

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Net Lease Investments
CVS

Akron, Ohio

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PPG/Strategic Investment
The Kenwood Collection

Cincinnati, Ohio

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Net Lease Investments
Rite Aid

Enon, Ohio

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Net Lease Investments
Arby’s

Newark, Ohio

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Net Lease Investments
Goodyear Tire

Wadsworth, Ohio

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Net Lease Investments
Starbucks

Grants Pass, Oregon

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Net Lease Investments
Jack In the Box

Lebanon, Oregon

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Net Lease Investments
BJ’s Wholesale Club

Camp Hill, Pennsylvania

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Net Lease Investments
Family Dollar

Philadelphia, Pennsylvania

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Net Lease Investments
Berks Animal ER

Shillington, Pennsylvania

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Net Lease Investments
Advanced Auto Parts

St Marys, Pennsylvania

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Net Lease Investments
Tesla

Wexford, Pennsylvania

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Net Lease Investments
Five Guys

York, Pennsylvania

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Net Lease Investments
Walgreens

Providence, Rhode Island

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Net Lease Investments
Heartland Dental

Easley, South Carolina

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Net Lease Investments
Bojangles Chicken

Piedmont, South Carolina

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Net Lease Investments
CVS

Summerville, South Carolina

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PPG/Strategic Investment
Bass Pro Shops

Kodak, Tennessee

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Net Lease Investments
Jiffy Lube

Memphis, Tennessee

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Net Lease Investments
Verizon

Smyrna, Tennessee

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Net Lease Investments
Advance Auto Parts

Tullahoma, Tennessee

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Net Lease Investments
Walgreens

Wartburg, Tennessee

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PPG/Strategic Investment
Hillside Village

Cedar Hill, Texas

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Net Lease Investments
Carvana

San Antonio, Texas

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Net Lease Investments
Macy’s

Tukwila, Washington

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Net Lease Investments
BMO Harris

Green Bay, Wisconsin

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Net Lease Investments
Arby’s

Rock Springs, Wyoming

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Arizona

Phoenix, Circle K

Phoenix, CVS

California

Blythe, Verizon/Advance America

Colorado

Aurora, Aurora City Place

Connecticut

Bridgeport, TD Bank

Delaware

Wilmington, KFC/Taco Bell

Florida

Bonita Springs, Taco Bell

Davenport, Posner Commons

Georgia

Cumming, Mister Car Wash

Pooler, Advance Auto Parts

Illinois

Bloomington, Verizon

Chicago, Dollar Tree

Gurnee, Harbor Freight

Itasca, Bright Horizons

Kewanee, Walgreens

Oswego, Fifth Third Bank

Wheeling, BMO Harris

Indiana

Bloomington, Tire Barn

Gary, Family Dollar

Gas City, AutoZone

Plainfield, Tires Plus

Whiting, Car-X

Iowa

Carlisle, Dollar General

Denison, Burger King

Kentucky

Bowling Green, Sonic

Louisville, Captain D’s

Louisiana

Lafayette, Best Buy

New Orleans, Dollar General

Maryland

Clinton, Advance Auto Parts

Edgewood, Wendy’s

Massachusetts

Hanover, Hanover Crossing

Michigan

Detroit, Family Dollar

Flint, Little Caesars

Pontiac, Little Caesars

Minnesota

Blaine, Goodyear

Blaine, Big O’ Tires

Northfield, Arbys

Mississippi

Columbus, Sherwin Williams

Hazlehurst, Fresenius Kidney Care

Missouri

Florissant, Caliber Collision

O'Fallon, Cracker Barrel

St. Peters, National Tire & Battery

Nebraska

Papillion, Shadow Lake Towne Center

New York

Auburn, Denny’s

Syracuse, Walgreens

Utica, M&T Bank

North Carolina

Clayton, Just Tires

Forest City, Family Dollar

Red Springs, Family Dollar

Ohio

Akron, CVS

Cincinnati, The Kenwood Collection

Enon, Rite Aid

Newark, Arby’s

Wadsworth, Goodyear Tire

Oregon

Grants Pass, Starbucks

Lebanon, Jack In the Box

Pennsylvania

Camp Hill, BJ’s Wholesale Club

Philadelphia, Family Dollar

Shillington, Berks Animal ER

St Marys, Advanced Auto Parts

Wexford, Tesla

York, Five Guys

Rhode Island

Providence, Walgreens

South Carolina

Easley, Heartland Dental

Piedmont, Bojangles Chicken

Summerville, CVS

Tennessee

Kodak, Bass Pro Shops

Memphis, Jiffy Lube

Smyrna, Verizon

Tullahoma, Advance Auto Parts

Wartburg, Walgreens

Texas

Cedar Hill, Hillside Village

San Antonio, Carvana

Washington

Tukwila, Macy’s

Wisconsin

Green Bay, BMO Harris

Wyoming

Rock Springs, Arby’s