Essential assets, enduring returns
Stable assets, strong tenant relationships, and thriving communities.
We invest in necessity-based retail across the Southeast, creating long-term value through stable assets, strong tenant relationships, and thriving communities.
News
Genesis Properties purchases a five-property portfolio across the Southeast
Five grocery-anchored centers assembled in two closings during 2025 — 248,030 square feet across North and South Carolina, anchored by investment-grade Food Lion on leases running to 2035.
Where we own
The footprint
Click a cart for the address, size and current occupancy — larger carts are larger centers.
The portfolio
Eighteen centers. Six states.
Necessity retail — groceries, pharmacy, hardware and the everyday services a neighborhood uses every week — owned one center at a time and held for the long term.
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.
About us
A family office. Essential assets. Enduring returns.
We are a family office that runs its own real estate. The same people who underwrite a center sign its leases and answer its phone.
Twenty years in, that has produced a portfolio of grocery-anchored shopping centers across the Southeast, bought one at a time in trade areas we know and expect to keep growing.
We buy necessity retail: groceries, pharmacy, hardware, the barber and the bank branch. It is unglamorous, and it is what a neighborhood uses every week — which is why these centers hold their tenants and their value.
We are not raising a fund or selling into a cycle. We buy what we would be happy to own in twenty years, and we usually still do.
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 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