Portfolio

A sample of what we do — operator-owned, actively managed.

Black Seven CapitalValue-Add AcquisitionsLease Conversion StrategyIn-House ManagementMinnesota · Wisconsin · Missouri · Ohio · ArizonaNNN Lease FocusCEG Management Black Seven CapitalValue-Add AcquisitionsLease Conversion StrategyIn-House ManagementMinnesota · Wisconsin · Missouri · Ohio · ArizonaNNN Lease FocusCEG Management

We acquire commercial properties where we see embedded value. Our approach combines three strategies: value-add acquisitions where we convert gross leases to NNN through backfilling vacancies and negotiating lease extensions and renewals; tax value plays including cost segregation studies and structurally advantaged assets; and Absolute Triple NNN deals with national credit tenants providing long-term, passive income certainty.

Faribault
Minnesota
⭐ Featured Property
Faribault, MN
Faribault Commercial Center

A flagship value-add repositioning. Acquired with significant vacancy and gross lease structures. Through strategic backfilling and lease conversion, the property was stabilized into a performing NNN-anchored asset.

Value-AddLease ConversionMulti-TenantClick for Full Story →
Lyndale
Minnesota
10740 Lyndale Ave S — Bloomington, MN
Lyndale Commercial

Multi-tenant retail and office strip with gross lease structures throughout. Actively converting tenants to NNN on renewal and backfilling vacant space with new NNN leases.

Value-AddNNN ConversionMulti-Tenant
1017 Olive — St. Louis
Missouri
1017 Olive Street — St. Louis, MO
1017 Olive — St. Louis

Urban commercial asset in St. Louis's central business district. Historic building with active lease repositioning — transitioning occupants to NNN structures as leases roll, capturing embedded upside.

Urban CommercialValue-AddHistoric
Ridgewood
Minnesota
7401 Ridgewood Rd — St. Cloud, MN
Ridgewood — St. Cloud

Office and professional services property in St. Cloud. Multi-tenant building with lease conversion in progress — adding recurring value with each lease event.

OfficeMulti-TenantValue-Add
Waite Park
Minnesota
2330 County Road 137 — Waite Park, MN
Waite Park Commercial

A defining value-add execution. Acquired with 3 tenants at closing — now leased to 11 tenants. Strategic lease conversion and active backfilling transformed this St. Cloud metro asset into a fully stabilized, multi-tenant performer.

Value-Add3 → 11 TenantsSt. Cloud MetroLease Conversion
Sartell
Minnesota
1101 2nd St S — Sartell, MN
Sartell Professional

Professional office building in Sartell. Acquired with vacancy — backfilled with quality tenants on new NNN structures. The gross-to-NNN conversion playbook in a secondary market.

OfficeNNN ConversionSecondary Market
Clearwater
Minnesota
4141 150th St NW — Clearwater, MN
Clearwater Commercial

Commercial property in the Clearwater I-94 corridor with active lease management and gross-to-NNN conversion strategy being executed through tenant extensions.

CommercialValue-AddOhio
Clearwater
Minnesota
4560 112th St NW — Maple Lake, MN
Maple Lake Industrial

7-year NNN lease in place. Acquired below market — a strategic addition to our growing small bay industrial portfolio in Minnesota. Strong in-place cash flow with long-term lease certainty from day one.

Small Bay Industrial7-Yr NNN LeaseBelow Market AcquisitionMinnesota
Jiffy Lube Wisconsin
Wisconsin
152460 Valley Inn Way — Wisconsin
Jiffy Lube Multicare — NNN

National credit NNN lease with Jiffy Lube. Purchased above standard trading CAP rate — ideal for cost segregation studies and accelerated depreciation. 11 years remaining on lease providing long-term passive income certainty.

NNN LeaseNational Credit11 Yrs RemainingCost Seg Play
Brooklyn Center
Minnesota
6800 78th Ave N — Brooklyn Center, MN
Brooklyn Center Retail

Suburban retail asset with below-market gross leases. Strategic lease management and tenant rotation driving lease structure improvement and NOI growth on each renewal cycle.

RetailLease-UpValue-Add
LifeStance Health
Minnesota
Minnesota
LifeStance Health

Behavioral health office leased to LifeStance Health, a publicly traded national operator. Long-term lease providing stable cash flow from a high-credit healthcare tenant.

HealthcareNational TenantLong-Term Lease
Cleveland Commercial
Minnesota
15708 Industrial Blvd — Cleveland, OH
Cleveland Commercial

Ohio market commercial asset. Value-add acquisition with active lease management and NNN conversion strategy in progress.

CommercialValue-AddOhio
Eden Prairie — 7525 Mitchell Rd
Minnesota
7525 Mitchell Rd — Eden Prairie, MN 55344
Eden Prairie Office Condo

National credit health care tenant. Created significant value through a detailed space study, capturing 40% more square footage than the original lease. Value locked in through a new lease renewal reflecting the expanded footprint.

Office CondoNational Credit Tenant+40% SF Captured
Life Storage Scottsdale
Arizona
15023 N Pima Rd — Scottsdale, AZ
Life Storage — Scottsdale

Passive investment in a large-format self-storage facility in Scottsdale. National brand operator — geographic and asset class diversification within the portfolio.

Self-StoragePassive InvestmentNational OperatorArizona