Performance

highlights

We are disciplined value-oriented and abide by our “Hartman Advantage” investment strategy

$800M

Total in portfolio assets

90

Properties acquired in 27 programs

39

Years of experience in commercial real estate investment offerings

Hartman Property Case Studies

Richardson Heights
Richardson Heights Shopping Center
Location
Dallas, TX
Date Built
1958
Renovated Date
2008
Acquisition Date:
2010
Acquisition Price
$19,150,000
Occupancy at Acquisition:
61% Occupancy Bar
Appraisal Date:
2021
Appraisal Price
$42,233,804
Occupancy As of 06/2022:
73% Occupancy Bar
NOI:
$2,539,708
Levered IRR:
11.04%
601 Sawyer
Location
Houston, Texas
Date Built
1982
Acquisition Date:
2011
Acquisition Price
$5,050,000
Occupancy at Acquisition:
83% Occupancy Bar
Appraisal Date:
2021
Appraisal Price
$17,300,000
Occupancy As of 06/2022:
92% Occupancy Bar
NOI:
$833,855
Levered IRR:
18.31%
Preserve
Preserve
Location
Houston, Texas
Date Built
2002
Acquisition Date:
2002
Acquisition Price
$6,400,000
Occupancy at Acquisition:
83% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$22,300,000
Occupancy As of 06/2022:
90% Occupancy Bar
NOI:
$1,760,783
Levered IRR:
14.93%
Walzem Plaza
Walzem Plaza Shopping Center
Location
San Antonio, Texas
Date Built
1981
Acquisition Date:
2003
Acquisition Price
$5,165,000
Occupancy at Acquisition:
82% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$16,400,000
Occupancy As of 06/2022: 
72% Occupancy Bar
NOI:
$1,313,480
Levered IRR:
31.1%
3100 Timmons
Location
Houston, Texas
Date Built
1858
Acquisition Date:
2004
Acquisition Price
$5,450,000
Occupancy at Acquisition:
81% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$15,300,000
Occupancy As of 06/2022: 
84% Occupancy Bar
NOI:
$1,038,887
Levered IRR:
14.72%
Garden Oaks Shopping Center
Location
Houston, Texas
Date Built
1956
Acquisition Date:
2008
Acquisition Price
$8,369,695
Occupancy at Acquisition:
36% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$20,760,000
Occupancy As of 06/2022: 
99% Occupancy Bar
NOI:
$976,106
Levered IRR:
18.97%
co-investment
Gateway Tower
Location
Dallas, Texas
Date Built
1983
Acquisition Date:
2010
Acquisition Price
$15,150,000
Occupancy at Acquisition:
79% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$29,100,000
Occupancy As of 06/2022: 
60% Occupancy Bar
NOI:
$1,476,150
Levered IRR:
12.18%
Prestonwood Shopping Center
Location
Dallas, Texas
Date Built
1999
Acquisition Date:
2010
Acquisition Price
$11,950,000
Occupancy at Acquisition:
70% Occupancy Bar
Appraisal Date:
2018
Appraisal Price
$23,000,000
Occupancy As of 06/2022: 
76% Occupancy Bar
NOI:
$1,552,683
Levered IRR:
19.41%
Three Forest Plaza
Location
Dallas, Texas
Date Built
1983
Acquisition Date:
2016
Acquisition Price
$35,900,000
Occupancy at Acquisition:
73% Occupancy Bar
Appraisal Date:
2021
Appraisal Price
$48,765,799
Occupancy As of 06/2022: 
80% Occupancy Bar
NOI:
$3,487,353
Levered IRR:
11.84%
Cooper Street Shopping Center
Location
Dallas, Texas
Date Built
1992
Acquisition Date:
2012
Acquisition Price
$10,612,500
Occupancy at Acquisition:
92% Occupancy Bar
Appraisal Date:
2021
Appraisal Price
$24,577,379
Occupancy As of 06/2022: 
100% Occupancy Bar
NOI:
$1,419,279
Levered IRR:
22.91%
One Technology Center
Location
San Antonio, Texas
Date Built
1984
Acquisition Date:
2015
Acquisition Price
$19,575,000
Occupancy at Acquisition:
89% Occupancy Bar
Appraisal Date:
2021
Appraisal Price
$37,202,094
Occupancy As of 06/2022: 
90% Occupancy Bar
NOI:
$2,428,563
Levered IRR:
23.58%