The investment strategy for WWA is driven by the real estate operating experience that has been accumulated over many decades. The Company's focus on only a handful of markets allows us to intimately understand the fundamentals of each of our target markets, resulting in well-informed judgments. We believe that the acquisition is only the beginning of the story, and pursue opportunities where we can apply vision and experience in creating value at the property level.
Waddell Williams, & Associates is not a passive holder of assets, therefore, we continuously look for ways to apply our operating skills through leasing, repositioning, redevelopment and, when the market is attractive, new development. We are also very mindful of the importance of exit strategy toward achieving our overall investment goals. We regularly assess the dynamics of the capital markets and the real estate markets relative to the positioning of each property. A hallmark of our success has been a keen focus on exit strategy and its impact toward achieving superior investment results and ultimately the maximization of investor returns.