A tall building with a crane in the background

Our strategy

Buy right, pre-lease, build, hold for income.

Five stages, one team. The same people who buy or build the property lease it, deliver the tenants, and operate it.

Musa Dhlamini / Unsplash

The process

Contract through stabilized operations.

One team carries each project the whole way. Nothing is handed off at a stage boundary.

  1. Stage 01 of 05

    Acquire

    We look for vacant buildings, underused centers, and sites that can carry medical or high-credit retail in Wake County and nearby Triangle submarkets. Our screen is simple: a basis that still works if costs or rates move, a tenant story that’s already proven in these buildings, and a path our team can control from day one.

    • On- and off-market sourcing across the Triangle
    • Disciplined basis that holds up to cost and rate stress
    • Medical office and credit retail focus
  2. Stage 02 of 05

    Develop

    Value-add and ground-up work happen under the same roof. On a vacant building, that means repositioning, lease-up, and operations. On a pad or a new building, it means entitlements, design coordination, budget, and delivery. We pre-lease before we build, and medical users are the priority on new product.

    • Value-add repositioning and ground-up development
    • Entitlements, design coordination, budget, and delivery
    • Pre-leasing before construction
    • Weekly reporting on cost, schedule, and open issues
  3. Stage 03 of 05

    Operate

    We don’t hand the building off at certificate of occupancy. Leasing, tenant delivery, and day-to-day operations stay with the same team that bought or built it. That’s how 706 Money Court went from a dark building to a center producing more than $500,000 in annual NOI.

    • Same team from acquisition through operations
    • Hands-on leasing and tenant delivery
    • Operator experience as tenants ourselves
  4. Stage 04 of 05

    Cash Flow

    We hold for income, not for a flip. Once an asset is leased and stable, investor distributions are designed to come from operations. Reporting is direct and regular: weekly during development, and operating reports once the asset is cash flowing.

    • Long-term hold strategy built for income
    • Distributions from operations once stabilized
    • Regular, transparent investor reporting
  5. Stage 05 of 05

    Appreciation & Tax Benefits

    Income is the near-term goal. Basis, lease-up, and new medical square footage drive long-term value. Cost segregation and 1031 planning are built into our underwriting from the start, not added as an afterthought.

    • Long-term value creation through lease-up and new medical product
    • Cost segregation planning
    • 1031 exchange planning

Discipline

We don’t build until the tenants are lined up.

On new product we line up tenants first. On West Apex, the retail building is pre-leased on approximately 11,000 of its 15,000 square feet, and we won’t break ground on the medical building until it is 80% committed.

We underwrite to a basis that still works if costs or rates move, and we report weekly on cost, schedule, and open issues throughout development.

Structure

How our investments are put together.

Each project is held in its own LLC, so every investment is tied to a specific property. Investors become Class A Members of that LLC, and a Nexus affiliate serves as Manager, running the project day to day.

We co-invest in our projects as a Class A Member, alongside our investors.

Offering terms, including the preferred return and profit split, are set out in each offering’s Private Placement Memorandum and provided to verified accredited investors. Nexus does not provide tax or legal advice; review any offering with your own advisors.

At a glance

Asset typesMedical office, neighborhood retail, mixed medical-retail
MarketsWake County and nearby Triangle submarkets
ApproachValue-add repositioning and ground-up development
HoldLong-term, for income
StructureReg D 506(c), accredited investors only
EntityOne LLC per project; investors are Class A Members
TermsProvided in each offering’s PPM

Next step

See how the strategy looks in a live deal.

West Apex and North Judd are raising now. Offering materials are shared after accredited investor verification.