ABOUT TRC
TRC is a privately held retail real estate operating company that owns, develops and operates shopping centers, located across the western united states. TRC’s investment philosophy stems from the belief that people desire a more comprehensive, high quality daily shopping, dining, and entertainment experience. TRC focuses on best-in-class retail shopping centers that serve as a community’s primary shopping destination. A fully integrated team of investment, development, construction, leasing and asset management experts combined with the backing of a long term stable capital source allows TRC to create merchandise offerings focused on convenience, experience and the unique needs of the local community.
Investment Philosophy
WHAT WE LOOK FOR
TRC is focused on acquiring and developing well-positioned necessity based retail shopping centers in high barrier to entry west coast markets where we are able to enhance the customer shopping experience. Our stable capital source and long term investment horizon allows us to acquire across all investment segments including: core, value-add and large scale development and redevelopment. Our underwriting relies on in-house expertise in asset management, leasing, development and construction. This results in fast response times in pricing and closing on assets, which ultimately represents low transaction risk to the seller. We are focused on individual asset purchases as well as portfolio acquisition opportunities.
WHERE WE LOOK TO INVEST
TRC actively seeks opportunities that are consistent with our investment philosophy, placing a high value on:
• Anchored “daily needs” shopping centers and mixed use opportunities
• Prime suburban or in-fill urban locations within our existing geographic footprint
• Strong economic drivers including proximity to mass transit, major employment centers and high residential density
• Strong tenant sales performance
• Value add through re-development/re-position to core
HOW WE DO IT
• Ability to close all cash
• No maximum transaction size
• Fully integrated in-house team of real estate professionals
REAL ESTATE DEVELOPMENT
Our development strategy focuses on ground up development of first class necessity based shopping centers and the repositioning of existing assets with best-in-class retailers serving a community’s everyday shopping needs. Our in-house development team is comprised of experts in entitlement, planning, finance, construction management and community & government relations.