Recent News

CHICAGO – September 23, 2016 – After a number...

CHICAGO – September 23, 2016 – After a number of successful investments and turnarounds in distressed retail centers, Abington Emerson acquired a 17,630 square foot retail plaza located in Crest Hill, Illinois. The property, that was bought from a regional bank post foreclosure, has been mismanaged by a receiver and running high vacancy rate.  Attained at an attractive cap rate, this retail plaza is a great value add opportunity and addition to the Abington...

September 23, 2016

CHICAGO  – August 1, 2016 – Abington Emerson successfully...

CHICAGO  – August 1, 2016 – Abington Emerson successfully refinanced Essington Retail Shopping Center (“Essington”), a 9,000 square foot, five tenant retail plaza, located in Joliet, Illinois.  Essington was purchased earlier in the year in an all cash transaction.  The shopping center is situated on a high-visibility intersection within a 5-minute drive from Louis Joliet Mall, one of the busiest malls in the Chicago area. Lincolnway Community Bank, a local New Lenox based bank,...

August 1, 2016

PHOENIX – June 24, 2016 – In a move...

PHOENIX – June 24, 2016 – In a move to bolster its Southwest portfolio, Abington Emerson acquired the Paradise Hills Shopping Center, an 85,000 square foot retail center located at 32nd and Shea Boulevard in Phoenix, Arizona. Paradise Hills is a true value-add opportunity located in a desirable market. The center, which currently has 32% of its leasable space either vacant or occupied by below market tenants, was purchased at an attractive cap rate based...

June 24, 2016

LAS VEGAS – May 18, 2016 – Abington Emerson will...

LAS VEGAS – May 18, 2016 – Abington Emerson will be attending the International Council of Shopping Centers (ICSC) RECon from May 22-25 in Las Vegas, Nevada. RECon is a global convention for the shopping center industry and provides networking, deal making and educational opportunities for retail real estate professionals from around the world. If you would like to schedule a time to meet with Abington Emerson regarding leasing opportunities, please contact us at info@abingtonemerson.com...

May 18, 2016

LOS ANGELES – April 4, 2016 – Abington Emerson...

LOS ANGELES – April 4, 2016 – Abington Emerson was recently featured in the Orange County Business Journal on its acquisition of the largest office building in San Clemente. Click on the link below for access to the article.   OCBJ Article    

May 5, 2016

LOS ANGELES – March 31, 2016 – Abington Emerson completed...

LOS ANGELES – March 31, 2016 – Abington Emerson completed another successful quarter in Q1 2016 with four (4) new acquisitions totaling more than $20 million.  The acquisitions showed continued diversity in the Fund’s portfolio, adding (i) office, (ii) mobile home, (iii) commercial development and (iv) multifamily investments and assets. Most importantly, during a competitive market with tremendous amount of capital being deployed, Abington Emerson continued to find value in its core markets with the...

March 31, 2016

BLOOMINGTON – March 14, 2016 – Abington Emerson Investments, LLC,...

BLOOMINGTON – March 14, 2016 – Abington Emerson Investments, LLC, a privately held value add real estate investment firm, purchased Southcrest Mobile Home Manor (“Southcrest”) in Bloomington, Indiana, for $4.05 million. “We are extremely excited about the acquisition of Southcrest Mobile Home Manor” said Johnny Camarena, Senior Vice President of Acquisitions for Abington Emerson.  “We are purchasing this asset at a very attractive cap rate with a lot of opportunity to add value.” Southcrest is...

March 14, 2016

CHICAGO – February 26, 2016 – Abington Emerson acquired a...

CHICAGO – February 26, 2016 – Abington Emerson acquired a 3.23 acre parcel of prime commercial land on the hard corner of Weber Road and Renwick Road in the Town of Romeoville, Illinois. The newly acquired land is adjacent to a McDonald’s and situated right next to a new residential development and future location for local Toyota dealership. “This is another example of Abington Emerson seeing opportunity in the growing Western Chicago Suburb communities” said...

February 26, 2016

HOUSTON – December 20, 2015 – Abington Emerson sold...

HOUSTON – December 20, 2015 – Abington Emerson sold Spring Creek Plaza, a 25,000 square foot neighborhood retail center, which was acquired in February 2015.  At the time of acquisition, Spring Creek Plaza located in Spring, Texas was only 25% occupied, was poorly managed and required a number of improvements. In less than ten months, Abington Emerson upgraded the property, renewed existing leases at higher rates and signed 4 new tenants.  Improvement to the...

December 20, 2015