DBSI Aggresively Pursuing New Buying Strategy

Company is buying finished lots, partially finished lots, super pads,
and entitled residential land across the country

29 years of success in the investment real estate market doesn’t come easy. It requires creativity, hard work, and the ability to adapt to a continually changing environment. With the current real estate market, DBSI Acquisitions has had to make some adjustments, and that has led them to a new buying strategy:  Aggressively buying finished lots, partially finished lots, super pads, and entitled residential land across the country.

“In the current climate we are finding exceptional deals on distressed assets like residential land,” Brian Olsen, DBSI VP of Operations, said. “Based on what we have seen in the marketplace, the company feels that improved and entitled residential land can be purchased for below what replacement cost will be in the future.  We believe that the land we have purchased is well-positioned for potential price appreciation.”

One of the keys to success for DBSI has always been to try to anticipate market changes and stay two steps ahead. Following this philosophy, the company believes its new buying strategy is another new investment real estate opportunity that will help them better serve their clients.

 “Most industry veterans will tell you that success in investment real estate requires adapting to an ever-changing market, “ Olsen said. “The real estate market never stays the same, and neither can you.”

Under the new buying strategy, the company recently completed the purchase of four major land parcels in the path of growth in major metropolitan areas (Phoenix, Reno, Las Vegas, and Orlando). The aggregate value of the properties is more than $22 million dollars.

These transactions include:
•  More than 100 finished residential lots on approximately 70 acres within a master-planned community in a high-growth Phoenix suburb. 
• A super pad site consisting of nearly 21 acres of residential zoned land in the northeast quadrant of the Reno-Sparks metropolitan area.
• A super pad site consisting of nearly 22 acres zoned high-density residential located in the northwest submarket of Las Vegas, Nevada.
• More than 150 residential lots within a two-phase subdivision located northwest of Orlando.

Since 2004, the Acquisitions division of DBSI has acquired over 200 properties valued in excess of $2 billion in more than 30 states. Their primary focus is to locate and acquire high-quality real estate such as retail, office, flex, industrial and multifamily offerings. DBSI has acquisition offices located in Atlanta, Boise, and Chicago. For more information, contact Vic Moore in the Atlanta office at 770-841-0001, Bill Fremgen in Boise at 208-489-2600, or Matt Blauvelt in Chicago at 312-212-4456. Information is also available by visiting www.dbsi-ddrs.com.

About DBSI
DBSI is a 29 year old leader in diversified investment real estate.  The company currently manages over 18.6 million square feet, encompassing 280 properties in 34 states with an aggregate value of over $2.65 billion.  DBSI specializes in the acquisition and development of real estate in all four stages—land banking, land entitlement, development & construction and income producing assets.  Learn more about DBSI at www.dbsi.com.

DBSI Acquires Five Income-Producing Assets

Acquisitions include properties located in high-growth metropolitan areas

DBSI Acquisitions, a nationwide buyer of investment-grade commercial and residential real estate, is pleased to announce that it has recently completed the purchase of five well-positioned real estate properties in growth areas.  The aggregate value of the properties is over $97.5 million dollars.
These transactions include:
• North Stafford Centre (Washington, DC MSA) – The Property is a three-story, Class A office building representing approximately 93,951 square feet of rentable space. Located in Stafford, Virginia, North Stafford is situated on 7.1 acres and is the first building of a new center for business and technology. Completed in the fall of 2006, the property is already 88.7% leased to nine tenants with gross leases that have renewal options. Future plans for the area include two elementary schools and an aquatic center.
• Portofino Tech Center (Houston, Texas  MSA) – The Property is a single office/flex building center located in Montgomery County, Texas near the Woodlands, a high growth community approximately 30 minutes north of Houston. The property is just off the I-45, a major north-south arterial running from Houston to Dallas.  Portofino Technology Center is situated on approximately 8.2 acres with approximately 87,701 square feet of net rentable area. Built in 2001, the center is currently 100% leased to both international and national tenants.
• Florissant Marketplace (St. Louis, Missouri  MSA) –  Located in Florissant, St. Louis County, Missouri,  the Property comprises three, single-story in-line retail buildings representing 146,257 square feet of rentable area situated on approximately 19.91 acres. The center is anchored by a large regional grocer and a national fitness center. This property sports a prime location connected to the state and national highway systems by Interstate 270, US Highway 67 and Missouri Highway 370.
• Topsham Fair Mall (Portland, Maine MSA) – The Property is a Class A retail center located in Topsham, Sagadohoc County, Maine. The property is situated on approximately 4.4 acres with approximately 45,469 square feet of net rentable area. Newly built in 2007, Topsham Fair Mall, which is located in the Topsham shopping center, is currently 100% leased to both national and regional tenants. The center is sub-anchored by several big box retailers and anchored by Best Buy, a national retailer of electronics and appliances.
• Pinehurst Square (Bismarck, North Dakota MSA) – The Property is part of a newly constructed retail power center located in Bismarck, North Dakota. This Class A property consists of six newly-constructed single-story buildings that represent approximately 183,430 square feet of rentable space. The property resides on approximately 28.9 acres and benefits from an excellent location along Interstate 94 (I-94). Pinehurst Square is approximately 91% leased to a diverse mix of tenants with exceptional leases through 2017.

Since 2004, the Acquisitions division of DBSI has acquired over 200 properties valued in excess of $2 billion in more than 30 states. Their primary focus is to locate and acquire high-quality real estate such as retail, office, flex, industrial and multifamily offerings. DBSI has acquisition offices located in Atlanta, Boise, and Chicago. For more information, contact Vic Moore in the Atlanta office at 770-841-0001, Bill Fremgen in Boise at 208-489-2600, or Matt Blauvelt in Chicago at 312-212-4456. Information is also available by visiting www.dbsi-ddrs.com.

About DBSI
DBSI is a 29 year old leader in diversified investment real estate.  The company currently manages over 18.6 million square feet, encompassing 280 properties in 34 states with an aggregate value of over $2.65 billion.  DBSI specializes in the acquisition and development of real estate in all four stages—land banking, land entitlement, development & construction and income producing assets.  Learn more about DBSI at www.dbsi.com.

Residentail Land Acquired by DBSI

DBSI Acquisitions, a nationwide buyer of investment-grade commercial properties, is pleased to announce that it has recently completed four transactions. The company closed on the purchase of residential land ideally located in the current and future paths of growth.

The primary focus of DBSI Acquisitions is on well-positioned real estate opportunities. These recent dealings fall under that approach as the company is aggressively buying finished lots, partially finished lots, super pads, and entitled residential land across the country.

The transactions include:

• More than 140 finished residential lots on approximately 70 acres within a master-planned community in a high-growth Phoenix suburb.
•  A super pad site consisting of nearly 21 acres of residential zoned land situated in the northeast quadrant of the Reno-Sparks metropolitan area.
• A super pad site consisting of nearly 22 acres zoned high-density residential located in the northwest submarket of Las Vegas, Nevada.
• More than 190 residential lots within a two-phase subdivision located northwest of Orlando.

Since 2004, the Acquisitions division of DBSI has acquired over 200 properties valued in excess of $2 billion in more than 30 states. Their primary focus is to locate and acquire high-quality real estate such as retail, office, flex, industrial and multifamily offerings. DBSI has acquisition offices located in Atlanta, Boise, and Chicago. For more information, contact Vic Moore in the Atlanta office at 770-841-0001, Bill Fremgen in Boise at 208-489-2600, or Matt Blauvelt in Chicago at 312-212-4456. Information is also available by visiting www.dbsi-ddrs.com.