The properties highlighted below provide a partial overview of the real estate portfolio that Property Income Advisors, Inc. has acquired and asset manages. Our overall corporate strategy is to seek out income generating properties in prime locations, built to high quality standards and occupied by credit tenants. Core assets with these fundamentals perform better than other property types over the long-term and help to insure potential for consistent and growing income, valuation increases, capital preservation and they offer better liquidity. Value-add opportunities are also selectively considered, provided a well-defined investment strategy can be determined and the downside risk clearly understood. After an acquisition, Property Income Advisors, Inc. provides on-going, professional asset management, which is critical to the success of any real estate investment.
With over 75 years of collective commercial real estate experience, our career history includes the successful supervision of asset management activities for more than 15 million square feet of commercial real estate located in major markets throughout the United States valued in excess of $2 billion. In addition, we have directed property acquisitions, dispositions, financings and lease transactions totaling more than $3 billion.
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Spinner Place
Winooski, Vermont
During October 2023, Property Income Advisors, Inc. advised a client on the $27.2 million purchase of Spinner Place, an 83 unit/308 bed student housing community with ground floor retail, serving the University of Vermont. A new mortgage loan in the amount of $17.68 million was obtained as part of the transaction. Constructed in 2005 and […]
The Avenue
Indianapolis, Indiana
Property Income Advisors, Inc. advised a Gulf-based client on the $34.5 million purchase of The Avenue, a core-plus pedestrian student housing property strategically located adjacent to Indiana University – Purdue University Indianapolis (IUPUI) during November 2020. Constructed in 2012, The Avenue is a five-story, 143 unit l 358-bed purpose built student housing property with more […]
The Crossings
Sacramento, California
On behalf of a Gulf-based client, Property Income Advisors, Inc. purchased during December 2019, The Crossings, a 225 unit, 750-bed purpose-built student housing property located adjacent to California State University – Sacramento, a college campus with an enrollment of 31,000 students. Purchase price consideration totaled $93.25 million. Constructed in 2018, The Crossings is a LEED Silver Certified […]
2000 Park Lane Drive
Pittsburgh, Pennsylvania
Property Income Advisors, Inc., advising a Gulf-Based client, purchased 2000 Park Lane Drive, a 234,859 square foot, seven-story, Class A office property located in Pittsburgh, Pennsylvania. Park Lane was acquired for $41.4 million, which equates to $176 per square foot. The LEED Certified office property, constructed in 1993, was 91% leased at closing with Cigna […]
Prairie Glen
Chicago, Illinois
During October 2019, Property Income Advisors, Inc. acquired Prairie Glen, a 115,626 square foot Class A, multi-tenant office property located within the ‘inner ring” of Chicago’s suburban office market. The four-story property was acquired for $16,800,000 or $145/SF. Located at 2700 Patriot Boulevard in Glenview, Illinois, Prairie Glen was constructed in 2001. With flexible floor plans, the […]
Cotton Center I & Greystone Business Park
Phoenix, Arizona
Advising a Gulf-based investor, Property Income Advisors, Inc. has purchased during September 2018 Cotton Center I & Greystone Business Park, a three-building portfolio of Class A office properties located in Phoenix and Tempe, Arizona. Totaling 175,969 square feet, the portfolio was acquired for a total consideration 0f $25,950,000 or $147/SF. At closing, the properties were […]
The 701 Office Building
Chicago, Illinois
On behalf of a Gulf-based private client, the 701 Office Building was purchased at a price of $23.4 million by Property Income Advisors, Inc. during October 2017. The four-story, 174,098 square foot multi-tenant office building, located in Lombard (Chicago), Illinois, was acquired through a joint-venture with an experienced local operator. The property will provide stable, above-average current […]
Affinion Group Call Center
Columbus, Ohio
The Affinion Group Call Center office property was acquired by Property Income Advisors, Inc. during July 2017 on behalf of a Gulf-based private client. Located in Columbus, Ohio, the 60,000 square foot office property was purchased at a price of $6.65 million. Constructed in 1992, the property is very well-located in the Westerville neighborhood and […]
Sunset View Apartment Homes
Seattle, Washington
On behalf of a Gulf-based Shari’a compliant institutional client, Property Income Advisors, Inc. acquired the Sunset View Apartment Homes located in Renton (Seattle), Washington during November 2016. Purchased at a price of $33.6 million through a joint venture with an experienced local operator, a value-add strategy will be undertaken that will provide strong current income and the […]
Vista Del Valle Student Housing
Bellingham, Washington
During October 2016, Property Income Advisors, Inc. acquired the Vista Del Valle student housing property located adjacent to Western Washington University in Bellingham, Washington, which is about 90 miles north of Seattle. Purchased on behalf of a Gulf-based private client, the property was acquired at a price of $3.875 million through a joint venture with an […]
Western Washington University Student Housing Portfolio
Bellingham, Washington
During August 2016, on behalf of a Gulf-based private client, Property Income Advisors, Inc. acquired the Western Washington University Student Housing portfolio located in Bellingham, Washington, which is about 90 miles north of Seattle. Acquired at a price of $19.75 million through a joint venture with an experienced local operator, a value-add strategy will be undertaken […]
Dun & Bradstreet Operations Center
Center Valley, Pennsylvania
On behalf of a Shari’a compliant Gulf-based institutional client, the Dun & Bradstreet Operations Center property was acquired by Property Income Advisors, Inc. during June 2016. Purchased at a price of $44.94 million, the property is leased on a long-term basis to the Dun & Bradstreet Corporation, a leading global information services company with an […]
Acosta Regional Headquarters
Charlotte, North Carolina
Property Income Advisors, Inc. purchased the Acosta Regional Headquarters property, located in Charlotte, North Carolina, on behalf of a Gulf-based private client during June 2015. Acquired via a sale-leaseback for $9.31 million, Acosta entered into a new long-term absolute net lease as part of the transaction. The attractive two-story, 48,000 square foot office property was […]
Marquis on the River
Norwalk, Connecticut
Acquired at a price of $6.775 million by Property Income Advisors, Inc. during March 2015 on behalf of a Gulf-based investor, the Marquis on the River property is located in Norwalk, Connecticut, which is just 40 miles north of Manhattan. Situated on the banks of the Norwalk River, the attractive four-story 35,000 square foot mixed-use […]
Allnex Headquarters
Atlanta, Georgia
The Allnex Headquarters building was acquired by Property Income Advisors, Inc. on behalf of a Gulf-based private client during December 2013. Constructed in 2005, the two-story 50,933 square foot office property is leased on a long-term basis to Allnex, a global leading supplier of resins and additives with $1.5 billion in sales. The property is […]
Loomis Property
Houston, Texas
The Loomis property was acquired by Property Income Advisors, Inc. on behalf of a Gulf-based private client during March 2013. Constructed as a build-to-suit in 2012, the 30,220 square foot property is subject to a new 15-year lease to Loomis, an international leader in the cash handling services industry. Located in Houston, Texas, the property […]