The Morrison Investment Group
The Morrison Group of Companies are organized and managed by Morrison Investment Group, LLC a privately owned, independent real estate investment, development, and management firm. The various companies of the Group own our portfolio of shopping centers with each center being owned by a limited liability company, most of which are organized under Delaware law as required by our lenders.
Since 1983 the company has focused on high-quality commercial real estate acquisitions with high barriers to entry and at acquisition prices allowing for stabilized cash flows providing double-digit returns. Beginning in 2003 the company opened up its investment platform to outside investors. Since the inception of these structured Equity and Joint Venture opportunities, The Morrison Group of Companies has provided double-digit annual returns on equity to investors, typically paid quarterly through existing cash flow, or alternatively paid at sale or refinance of the properties owned.
Today the company has almost 3,000,000 square feet of GLA in its centers that span the South East from the Carolinas to Louisiana and Arkansas. Many of our centers are shadow anchored by such national names as Walmart and Target, or are power centers with major national retailers such as Hobby Lobby, T.J. Maxx, Burlington, Office Depot, Marshalls, Academy, Five Below, Ulta, Panera Bread, Starbucks, and others.
For our financing needs the company has banking relationships with all the major national lenders thru its long term mortgage brokerage relationship with Berkadia Commercial Mortgage LLC a Berkshire Hathaway and Jefferies Financial Group company. With those relationships we have the ability to obtain financing for projects from land acquisition, to construction, to long term ownership through CMBS, bank, and mezzanine financing vehicles.