Essential assets, enduring returns
STABLE ASSETS.
STRONG TENANT RELATIONSHIPS.
THRIVING COMMUNITIES.
NOTABLE TENANTS WE’VE WORKED WITH
News
Genesis Properties purchases a five-property portfolio across the Southeast
Where we own
The footprint
The portfolio
How we operate
Acquire. Lease. Manage.
Acquire
We underwrite centers other buyers overlook: strong daily-needs anchors in markets under a quarter-million people, priced off in-place income rather than a pro forma. Closings are funded with our own equity and relationship debt.
Lease
Leasing is done in-house and in person. We renew early, fill vacancy with operators who serve the trade area, and hold occupancy in the mid-nineties across the portfolio rather than chasing headline rents.
Manage
Property management, accounting and construction sit under one roof. Tenants call the owner, not a call center — which is why centers stay leased and capital projects stay on budget.
Genesis Properties
Genesis Properties is a family-run office that has spent the past two decades on necessity retail.
We buy the groceries, the pharmacy, the hardware store, the barber, the bank branch. Not a collection of tenants but a working mix, where each one brings traffic to the next and the center earns its place in the neighborhood around it. It is unglamorous, and it is what a neighborhood uses every week.
The work is relationships and proximity. We know the retailers we lease to well enough to hear what they need before they are shopping it, and we know what a trade area is missing. It is how we fill space, and it is how we find the next center.
We are not raising a fund or selling into a cycle. We buy what already works and make it work better — we would rather sharpen a center than reinvent it. Every market gets its own answer, because we go narrow and deep on one trade area rather than broad across many. That is where we find value other buyers walk past.
Essential assets, enduring returns.
Company history
Three generations in essential retail.
Abraham “Apples” Seruya — our visionary — runs a chain of retail stores across New York City under the Apples name. Two decades behind the counter build the merchant's instinct for foot traffic, tenants and trade areas that still underwrites every deal we do.
Isaac Seruya comes into the family business and begins traveling south to meet buyers and do business. He sees the growth coming to the Southeast — and falls for it.
Isaac's passion for high-end automobiles turns into a business of its own: buying and selling rare, highly sought-after collectible cars, with real success. The eye for undervalued, hard-to-replace assets carries straight into real estate.
Isaac begins buying shopping centers in the Southeast. The rest is history — a portfolio of grocery- and service-anchored retail assembled center by center, held for the long term.
Isaac operates under the vision of his father, Abe, alongside his sons Abraham, Mitchell and David — one family, one team, underwriting, leasing and managing every center it owns.
Leasing & acquisitions
Space to lease. Centers to buy.
Leasing
Anchor, junior-box and inline space across twenty centers. Send a use, a size and a market and we will come back with what fits.
Acquisitions
Grocery- or service-anchored centers, 20,000–400,000 sq. ft., in the Southeast and lower Midwest. Off-market and broker deals both welcome.
Investor portal
Tax documents & annual reports
Access is restricted to investors of record.
Management portal
Genesis staff only. Rent roll, work orders, lease abstracts and reporting in our live management software.
Team sign inInvestor sign-in
Documents are confidential and provided to investors of record for informational purposes only. Do not reproduce or distribute without the prior written consent of Genesis Properties.
Contact
Start a conversation
Brokers, tenants and sellers all reach the same desk. Send a use, a size and a market — or an off-market deal — and you will hear back from a principal, not an inbox.
404 N. Marshall Street, Winston Salem, NC 27101