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Phelan Investments

What we’re looking to buy

We’re continuously seeking acquisitions, from absolute triple-net ground leases to distressed shopping centers that need complete redevelopment.

Long retail strip center with pine trees behind

Our criteria

Our main interests are raw land, income-producing commercial properties, and development or redevelopment opportunities.

Where we buy

Throughout Texas and surrounding states, with an openness to markets of all sizes.

  • Shopping centers
  • Warehouses
  • Industrial properties
  • Office buildings
  • Sale/leaseback arrangements
  • Single-tenant properties of all types
  • Raw land
  • Agricultural properties
  • Timber properties
  • Mineral properties

How a sale works with us

  1. Send us the basics

    Share the address, property type, asking price and anything you already have, such as a rent roll or recent operating statements.

  2. We take a look

    We review the property against our criteria and tell you whether it’s a fit.

  3. We visit

    If it looks right, we walk the property and ask the questions that matter to us.

  4. We talk terms

    You deal directly with the people making the decision, from first call to closing.

A center that needs work is not a problem

We’ve redeveloped shopping centers from the ground up. The Oaks Shopping Center exterior renovation is one example of how we think about an older property.

See past acquisitions
Elevation rendering of the Oaks Shopping Center renovation
Oaks Shopping Center, Beaumont. Exterior renovation elevation.

Thinking about selling?

Call us or send the details. Your inquiry goes straight to our team.

Tell us about your property