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Investor Buys Alaskan Portfolio

ANCHORAGE, AK- Brauvin Net Capital LLC, a Chicago-based investor of net-leased retail property, acquires five Tesoro-branded stores.

By Dana Dubriwny | Updated on December 27, 2005

ANCHORAGE, AK-Brauvin Net Capital LLC, a Chicago-based investor of net-leased retail property, has acquired five Tesoro-branded convenience stores located here.

James L. Brault, president of Brauvin, tells GSR that because the Anchorage market is landlocked by mountains and water, the company viewed the acquisition as a long-term investment. The portfolio also played well into the company’s objective to acquire retail assets with strong fundamentals.

“We look for transactions just like this,” Brault says. “We’re always looking for places to find underlying value, and this economy is growing faster than other markets.”

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