Criterion’s Developments

Development Strategy

Criterion partners with seasoned developers across the country to co-GP ground-up retail projects, focusing on high-quality single-tenant net lease (STNL) and multi-tenant strip center developments. We prioritize projects anchored by national or regional credit tenants, with a goal of securing at least 60% pre-leasing and full permitting prior to land acquisition. This approach ensures shovel-ready execution with no time lost between closing and vertical construction.

Our development strategy is rooted in market fundamentals: we target high-traffic locations in growing suburban corridors, where tenant demand and consumer behavior support long-term success. By combining disciplined underwriting with trusted development partnerships, we’re able to move quickly, mitigate risk, and create durable value for our investors.

Every project we take on is backed by a clear leasing strategy, proactive timeline management, and strong tenant relationships, allowing us to bring modern, well-located retail assets to market with confidence and efficiency.