Essential assets, enduring returns
Stable assets. Strong tenant relationships. Thriving communities.
Notable tenants we’ve worked with
Our centers
A look at what we own
Where we own
The footprint
THE PORTFOLIO
How we operate
Acquire. Lease. Manage. Develop.
Acquire
We buy the centers institutions skip: daily-needs anchors in markets under a quarter-million people, priced off in-place income, not a pro forma. Our own equity, relationship debt, no committee.
Lease
Leasing is in-house and in person. We renew early and fill vacancy with operators the trade area actually uses — occupancy in the mid-nineties beats a headline rent.
Manage
Management, accounting and construction sit under one roof. Tenants call the owner, not a call center — which is why centers stay leased and projects stay on budget.
Develop
We develop the ground we already own: outparcels, excess parking fields and any pad that can carry value and traffic back into the center. Build-to-suits for nationally recognized QSR, automotive and service brands — new rent from land that was sitting idle, and a reason for the neighborhood to come more often.
Genesis Properties
A FAMILY-RUN OFFICE.
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 eighteen centers. Send a use, a size and a market — we come back with what fits.
Send a requirementAcquisitions
Grocery- or service-anchored centers, 20,000–400,000 sq. ft., Southeast and lower Midwest. Off-market and brokered deals both welcome.
Bring us a dealIn the market
Growth in our trade areas
Retail follows rooftops, and rooftops follow population growth. Six of the ten fastest-growing new-construction markets in the country are now in the Carolinas — where Genesis has been buying since 2004. The bet is paying off in our trade areas.
Investor portal
Tax documents & annual reports
Management portal
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