Growth Strategy
BAACO Properties is actively pursuing new acquisitions across the Tri-State area and nationally, with a focus on stabilized and value-add opportunities that align with our return thresholds and hands-on operating approach.
Retail, office, industrial, and mixed-use assets that fit BAACO's portfolio and operating strengths.
Primary focus on the Tri-State area, with select acquisitions pursued nationally when pricing and asset quality meet criteria.
BAACO targets stabilized properties at region-specific return thresholds, with required cap rates increasing outside core urban markets.
We also seek vacant buildings at low price-per-square-foot levels, especially where active repositioning can create value.
Below-market rents with near-term lease expirations are attractive when they offer a practical path to improved performance.
Under-managed properties requiring capital improvements are a strategic fit when active ownership can unlock long-term value.
6 cap or higher: Manhattan, Brooklyn, and Queens.
8 cap or higher: Long Island, Staten Island, the Bronx, and Westchester.
10 cap or higher: New Jersey, Connecticut, and Philadelphia.
11 cap or higher: Opportunities throughout the United States.
Aaron Hakimian leads our investment sourcing and acquisition strategy, evaluating opportunities for undervalued assets and repositioning potential across diverse property types.
Ariel Hakimian oversees detailed acquisitions analysis, contract negotiations, property valuations, and due diligence to ensure alignment with long-term return thresholds.
Together, they bring disciplined deal-making expertise and a hands-on operating approach that defines BAACO's acquisition process.
Public acquisition materials highlight a range of recent industrial, medical office, office, retail, mixed-use, and land holdings across New York and New Jersey.
50,000 square feet of industrial space and the firm's Farmingdale headquarters.
23,000 square feet of medical office space within BAACO's Long Island portfolio.
62,000 square feet of mixed-use space in a prominent Long Island commercial corridor.
Recent materials also feature office, retail shopping center, parking, and land acquisitions across Trenton, Staten Island, and Wyandanch.