MERIDIAN, ID, December 08, 2008 /24-7PressRelease/ -- Investment Analytics Group (IAG) signed a partnership agreement with Denver-based Baceline Investments, LLC to acquire commercial property in Idaho, specifically in the Treasure Valley.
Baceline Investments is a real estate company which sponsors and manages member-owned, private equity financed partnerships that make direct investments in high-quality commercial real estate. Baceline targets properties in the Rocky Mountain region, and is currently focused on office and retail properties in the Boise area.
IAG's position in the local market makes the partnership an ideal match. The Investment Analytics Group team will focus on acquiring properties at favorable prices.
"There is a great number of commercial properties available in the local market which may prove to be just the choice for Baseline and for inclusion in the real estate fund offerings they have available for real estate investors," said Eric Mott, IAG founder and managing principal. "We are excited about the chance to partner with the Baceline acquisitions team to identify a variety of property types that will serve as private equity investment opportunities."
Doug Arnold, Director of Acquisitions and Dispositions for Baceline, sees Boise and the greater Treasure Valley area as an ideal target market to expand their acquisitions focus beyond other major metropolitan areas in the Rocky Mountain region.
"Our expectation is that there are great buying opportunities in our target areas especially in 2009-2010," Arnold said. "We have established a new program focused on acquisition of distressed commercial real estate to take advantage of investment opportunities that have been hit by the financial crisis. If we're prudent, do our analysis and due diligence properly, we see this as a chance for our investors to buy properties with tremendous upside potential," he explained.
Arnold noted that he was very impressed with the experience of both Mott and Rhonda Garland, Investment Analytics Group's co-founder.
"Eric and Rhonda are very professional with extensive backgrounds with all types of properties and ownership strategies," he said.
Contact:
Eric Mott, Managing Partner
Investment Analytics Group
208-846-8476
www.iagroupllc.com
Doug Arnold, Director, Acquisitions and Dispositions
Baceline Investments, LLC
303-615-9544
www.bacelineinvestments.com
About Investment Analytics Group (IAG)
Founded in 2007, IAG is a national real estate service and advisory firm that specializes in commercial property acquisitions and evaluations, asset management and due diligence services. More information available at www.iagroupllc.com or 208.846-8476.
About Baceline Investments, LLC
Based in Denver, Baceline Investments is a real estate company which sponsors and manages member-owned, private equity financed partnerships that make direct investments in high-quality commercial real estate. More information available at www.bacelineinvestments.com or 1-800-730-9544.
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