December 2021
December 2021

Rycore Capital Advises Private Client on the Acquisition of a Generational Grocery Anchored Retail Center

(HOUSTON, TX) – Rycore Capital, on behalf of an investor, acquired a newly constructed ~40,000 Class A multi-tenant grocery anchored retail shopping center in an irreplaceable location in Doral, Florida (Miami MSA). The acquisition was completed through its direct investment advisory business. Rycore Capital will provide asset management services to the new venture and advise on operating and financial matters.

The Property was developed in 2019 and is 100% leased to a diverse, e-commerce resistant mix of national and regional tenants with a 13-year WALT. These tenants are anchored by a successful grocer on a long-term NNN ground lease. The trade area has exceptional demographics with 24,299 residents in a 1-mile radius and an average household income of $132,951.

The Rycore Private Client offering continues to provide opportunities to investors that want to own real estate assets without the hassle of sourcing deals and managing the day-to-day operations. We were able to successfully position our client amongst a competitive buyer pool to acquire this generational asset to grow their existing net lease portfolio,” said Drew Zahora, Senior Director.

About Rycore Capital LP
Rycore Capital LP (the “Firm”) is a Houston-based real estate investment manager, focused on acquiring, leasing and managing income producing properties that deliver superior real estate solutions to our tenants while providing our investment partners with some of the most consistent value-add, core-plus and core returns. The Firm offers two investment platforms to investors: Fund Management and Direct Investment Advisory. The Firm aims to provide a solution with its institutional quality real estate investment management process to high net worth, family office and institutional investors. For more information regarding Rycore, visit the Company’s website at

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