Investment Strategy

Thematic Capital Group is aggressively seeking opportunities to acquire assets across its two strategic investment themes, as defined below. It is our goal to find exceptional, risk-adjusted assets in high growth markets with a focus on both Core and Value-Add returns.

We pride ourselves on our industry relationships and the use of technology to find undervalued and off-markets opportunities. We are honored to serve our investors and operate as a transparent steward of their capital.

Investment Criteria

We are hyper-focused on investing equity as a General Partner and Co-General Partner along the following strategies.

Strategy – Class B Industrial

Asset

Industrial

Deal Size

$3-30M

Type

Light & Flex

Use

Warehouse, Distribution,
Light Manufacturing

Location

Florida
Georgia
South Carolina
North Carolina
Kansas
Missouri

Strategy - Mission Critical Real Estate That Supports Operators

Asset

Manufacturing,
Industrial,
Quick Service,
Unique

Deal Size

$1-150M

Type

All

Use

Operationally Critical Real Estate;
includes manufacturing,
concrete companies,
healthcare facilities,
quick service activities and other unique properties

Location

Continental United States

Investment Thesis

Thematic Capital Group draws its inspiration from those who came before us. Our investment thesis can best be summarized by the late great Sam Zell:

“I would tell you that whatever business I have been in — real estate, barges, rail cars — it’s all about supply and demand…When there is no supply, real estate performs very well. Almost without regard, within reason to the economic conditions. When there is oversupply, it doesn’t matter what’s going on — real estate is going to suffer.”

Holding true to this belief, Class B Industrial continues to exhibit favorable supply-demand factors driven by the following causes:

  • Rise in E-Commerce

  • Growth in the Home Services Sector

  • Sticky Tenant Base

  • Historic Underdevelopment Due to Economies of Scale

  • Niche Deal Size

Similar to the thesis underpinning our focus on Class B Industrial, so too is there a supply-demand imbalance for experienced operators. The more niche the operator, the more critical their real estate is to their business model. In addition, proven operators tend to prefer to lease their real estate so that they can dedicate the cash to their business model rather than the underlying real estate asset. We identify mission critical real estate for the following reason:

  • Undersupply of Suitable Real Estate for Niche Operations

  • Long-Term Leases Backed by Corporate Guarantees

  • Maximize Diversification Across Both Industry and Geography

  • Above-Market Yield on Cost Provides Day 1 Spread

  • Limited Buyer Pool