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Sandmar Properties is a mid-sized asset management company based in Washington, DC metropolitan area formed in late 2005 as an additional platform for Stephen J. Garchik and Ronald D. Strawn's continued real estate related activities, primarily the acquisition of value add commercial real estate properties with an emphasis on retail or strip shopping centers, as well as, the placement of institutional, friends and family private equity investments. Sandmar related entities own or manage retail strip shopping centers, net leased properties, apartments, self storage, student housing, golf courses, funeral homes, commercial and residential land. To date, Sandmar-related entities have purchased ten shopping centers. - Apopka Regional Shopping Center located in Orlando, Florida
- Clinton Plaza located in Knoxville, Tennessee
- Colonial Shopping Center located in York, Pennsylvania
- Edgewood Plaza Shopping Center located in Edgewood, Maryland
- Lawrence Village located in New Castle, Pennsylvania
- Little River Square Shopping Center located in Goldsboro, North Carolina
- New Market Shopping Center located in Ahoskie, North Carolina
- Spotswood Valley Shopping Center located in Harrisonburg, Virginia
- Westgate Shopping Center located in Orlando, Florida
- West Market Shopping Center located in Greenboro, North Carolina
For leasing information or new acquisitions, please contact Ron Strawn on 301-947-1733. Sandmar Properties is currently seeking to acquire value added shopping center opportunities. We will purchase out right or consider joint venture structures with existing owners. We prefer mismanaged or underperforming second generation centers having great locations within growth corridors. Existing vacancy a plus. We prefer all cash transactions but will consider cash above favorable debt. Sandmar Properties will also consider individual assets and/or portfolio opportunities. We will also consider unique off market opportunities to acquire dominant stabilized assets in great locations.
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