Real Estate Forum: Forum 100
TIC Properties
Owner/Investor | Honorable Mention
Company:   TIC Properties
Address: 101 N. Main Street, 12th Floor
City: Greenville
State: SC
Zip:   29601
Phone: 800-577-4842
Fax: 864-672-1478
Email: john.skul@ticproperties.com
Website: www.ticproperties.com
Key Executive  
1. Name: John Boyd
    Title: CEO/CFO
2. Name: Trevor Gordon  
    Title: President
3. Name: Paul Aiesi  
    Title: CIO
4. Name: Brandy Watson
    Title: CMO
*Number of Offices: 1
*Number of Employees: 50
*Gross Revenues Fiscal Year 2006: 164.5 million
*Projected Revenues Fiscal Year 2007: 225.5 million
Selected Areas of Specialization: TIC Properties, LLC, is a real estate investment firm specializing in Tenant in Common (TIC) replacement property opportunities. Its TIC programs offer individual investors institutional grade properties nationwide for the 1031 exchange client.
Company Overview: Founded in 2001, TIC Properties, LLC was established to provide investors access to institutional quality real estate opportunities, primarily, but not limited to investors seeking suitable replacement property options when executing an IRC §1031 tax deferred exchange. TIC Properties specializes in locating and underwriting institutional-grade commercial real estate assets nationwide with a focus on an investor’s ability for stabilized current income, capital appreciation and preservation of capital. By focusing on properties in core markets and sub-markets throughout the country, creating and leveraging existing real estate brokerage relationships, we are able to provide our clients with high quality real estate choices in single and multi-tenant properties - diverse in multiple real estate asset classes (industrial, flex space, retail, office, and multi-family). Investors in our programs are treated to a high-quality real estate opportunity that requires no day-to-day management responsibilities on their part. While investors maintain “final say” on major issues and decisions regarding their investment, owners will no longer be bothered by demands of finding new tenants or maintaining real estate. With our focus on aquiring properties with Triple Net or Absolute Net Lease structures, responsibilities and most expenses related to each property are transferred to the tenant, thus allowing TIC Properties to provide stabilized and predictable cash flows to the investor.
*Total Portfolio Size: 31 Properties
Number of buildings: 72
Square Footage: 4,584,772
Number of Units/Rooms:
*Total Value of Portfolio: 651.3 million
Percentage by Property Type:  
Office: 55 %
Industrial: 40 %
Retail: %
Apartments: 5 %
Hotels: %
Other: %
(Please specify)
Percentage by Geographic Area:  
Northeast: 3 %
Southeast: 32 %
Midwest: 30 %
Southwest: 32 %
West: 3 %
International: %
Total Acquisitions in 2006:  
Number of buildings: 6
Square Footage: 1,301,629
Number of Units/Rooms:
Total Value of Acquisitions in 2006:   212.0 million  
Total Dispositions in 2006:  
Number of buildings: 2
Square Footage: 133,812
Number of Units/Rooms:
Total Value of Acquisitions in 2006: 21.7 million