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
Captain D’s

Clanton, Alabama

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Net Lease Investments
Circle K

Phoenix, Arizona

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Net Lease Investments
Verizon/Advance America

Blythe, California

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PPG/Strategic Investment
Pacific Coast Plaza

Oceanside, California

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Net Lease Investments
TD Bank

Bridgeport, Connecticut

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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
Family Dollar

Quitman, Georgia

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Net Lease Investments
Walgreens

Villa Rica, Georgia

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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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Net Lease Investments
Walgreens

Normal, Illinois

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Net Lease Investments
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
Car-X Tire & Auto

Hammond, Indiana

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Net Lease Investments
Tires Plus

Plainfield, 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
Captain D’s

Louisville, Kentucky

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Net Lease Investments
Fresenius Medical Care

Kenner, Louisiana

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Net Lease Investments
Sonic Drive-In

Luling, Louisiana

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Net Lease Investments
Fresenius Medical Care

Metairie, 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
Walgreens

Somerset, Massachusetts

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Net Lease Investments
Family Dollar

Detroit, Michigan

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Net Lease Investments
Goodyear

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
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
Walgreens

Gallup, New Mexico

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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
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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Net Lease Investments
First Federal of Lakewood

Avon, 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
Celebration Station

Oklahoma City, Oklahoma

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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
Dollar General

Hazleton, 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
Bojangles Chicken

Piedmont, South Carolina

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Net Lease Investments
Gold’s Gym

Rock Hill, South Carolina

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Net Lease Investments
Tire Barn

Kingsport, Tennessee

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Net Lease Investments
Bass Pro Shops

Kodak, 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
Dairy Queen

Corpus Christi, Texas

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Net Lease Investments
Dairy Queen

Elsa, Texas

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Net Lease Investments
Celebration Station

Mesquite, Texas

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Net Lease Investments
Dairy Queen

Raymondville, Texas

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Net Lease Investments
Carvana

San Antonio, Texas

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Net Lease Investments
Buffalo Wild Wings

Tyler, Texas

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Net Lease Investments
Shaw’s

Berlin, Vermont

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Net Lease Investments
Mr. Tire

Fredericksburg, Virginia

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Net Lease Investments
Food Lion

Madison Heights, Virginia

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Net Lease Investments
Walgreens

Spokane, Washington

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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
Piggly Wiggly

Mosinee, Wisconsin

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Net Lease Investments
Arby’s

Rock Springs, Wyoming

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Alabama

Clanton, Captain D’s

Arizona

Phoenix, Circle K

California

Blythe, Verizon/Advance America

Oceanside, Pacific Coast Plaza

Connecticut

Bridgeport, TD Bank

Florida

Bonita Springs, Taco Bell

Davenport, Posner Commons

Georgia

Cumming, Mister Car Wash

Pooler, Advance Auto Parts

Quitman, Family Dollar

Villa Rica, Walgreens

Illinois

Gurnee, Harbor Freight

Itasca, Bright Horizons

Kewanee, Walgreens

Normal, Walgreens

Oswego, Fifth Third Bank

Wheeling, BMO Harris

Indiana

Bloomington, Tire Barn

Gary, Family Dollar

Gas City, AutoZone

Hammond, Car-X Tire & Auto

Plainfield, Tires Plus

Iowa

Carlisle, Dollar General

Denison, Burger King

Kentucky

Louisville, Captain D’s

Louisiana

Kenner, Fresenius Medical Care

Luling, Sonic Drive-In

Metairie, Fresenius Medical Care

New Orleans, Dollar General

Maryland

Clinton, Advance Auto Parts

Edgewood, Wendy’s

Massachusetts

Hanover, Hanover Crossing

Somerset, Walgreens

Michigan

Detroit, Family Dollar

Minnesota

Blaine, Goodyear

Northfield, Arbys

Mississippi

Columbus, Sherwin Williams

Hazlehurst, Fresenius Kidney Care

Missouri

Florissant, Caliber Collision

St. Peters, National Tire & Battery

Nebraska

Papillion, Shadow Lake Towne Center

New Mexico

Gallup, Walgreens

New York

Syracuse, Walgreens

Utica, M&T Bank

North Carolina

Forest City, Family Dollar

Red Springs, Family Dollar

Ohio

Akron, CVS

Avon, First Federal of Lakewood

Cincinnati, The Kenwood Collection

Enon, Rite Aid

Newark, Arby’s

Oklahoma

Oklahoma City, Celebration Station

Oregon

Lebanon, Jack In the Box

Pennsylvania

Camp Hill, BJ’s Wholesale Club

Hazleton, Dollar General

Philadelphia, Family Dollar

Shillington, Berks Animal ER

St Marys, Advanced Auto Parts

Wexford, Tesla

York, Five Guys

Rhode Island

Providence, Walgreens

South Carolina

Piedmont, Bojangles Chicken

Rock Hill, Gold’s Gym

Tennessee

Kingsport, Tire Barn

Kodak, Bass Pro Shops

Wartburg, Walgreens

Texas

Cedar Hill, Hillside Village

Corpus Christi, Dairy Queen

Elsa, Dairy Queen

Mesquite, Celebration Station

Raymondville, Dairy Queen

San Antonio, Carvana

Tyler, Buffalo Wild Wings

Vermont

Berlin, Shaw’s

Virginia

Fredericksburg, Mr. Tire

Madison Heights, Food Lion

Washington

Spokane, Walgreens

Tukwila, Macy’s

Wisconsin

Green Bay, BMO Harris

Mosinee, Piggly Wiggly

Wyoming

Rock Springs, Arby’s