The property is fully leased to a credit tenant with in-place cash flow and embedded upside. The current lease provides near-term term coverage with renewal optionality, and TCG’s business plan is a blend-and-extend approach designed to convert the existing occupancy into a longer-term lease at market rent, leveraging the tenant’s credit profile and the site’s functionality as a mission-critical yard location.

Located in the geographic center of Brevard County on Florida’s Space Coast, the asset benefits from access to Interstate 95 and U.S. 1, and proximity to the region’s expanding aerospace, defense, and infrastructure ecosystem. Rockledge continues to draw contractors and service-oriented industrial users seeking efficient connectivity across the Space Coast and broader Central Florida.

This acquisition further advances TCG’s strategy of acquiring well-located IOS and infill industrial sites in high-growth Florida submarkets, with strong downside protection and clear paths to value creation.

The post CLOSED: TCG Acquires 5,000 SF IOS Asset at 494 Carver Rd, Rockledge, FL appeared first on Thematic Capital Group.

The property comprises 2.41 acres of IOS supported by a 10,300-square-foot industrial warehouse, providing functional outdoor storage capacity for service-oriented and logistics users throughout the Tampa – Sarasota corridor.

The site is occupied by Lambert’s Cable Splicing (“Lambert’s”), an industry-leading utility contractor founded in 1967, and owned by Dycom Industries (NYSE: DY). The property serves as a mission-critical operating location for Lambert’s, supporting the receipt, storage, and distribution of equipment and materials.

This acquisition reinforces TCG’s continued focus on scarce, infill industrial assets with durable tenancy and leasing flexibility in supply-constrained markets throughout the Sunbelt region.

The post CLOSED: TCG Closes Acquisition of IOS Site in Bradenton, FL appeared first on Thematic Capital Group.

Prior to due diligence expiration, TCG signed a 10-year lease with one of its strategic tenant relationships. In addition, TCG entered into a PSA with a REIT to sell this asset along with two other properties in a three-pack portfolio. In doing so, TCG has secured development-level returns at core-plus level risk.

This acquisition reflects TCG’s continued focus on infill, value-add industrial opportunities in high-demand areas, marking a meaningful step in expanding our footprint across the Southeast.

The post CLOSED: TCG Acquires Pre-Leased Warehouse in Huntsville, Alabama appeared first on Thematic Capital Group.

The transaction was purchased as a 5-year sale leaseback. During the contract period, Seller exited their business to United Rentals, providing a mark-to-credit opportunity for TCG given our going-in cap rate.

This acquisition underscores our continued focus on high-demand, infill industrial opportunities within key Sunbelt markets.

The post CLOSED: TCG Acquires IOS Asset with United Rentals Lease at 2032 S 51st Street, Tampa, FL appeared first on Thematic Capital Group.

This asset was sourced in April 2024, requiring both a patient approach and creative structure to close given the owner-user’s recent business sale to a larger strategic company in their industry.

Located in North Brevard County on Florida’s Space Coast, the property benefits from proximity to I-95, Space Coast Regional Airport, Port Canaveral, and the broader aerospace and advanced manufacturing ecosystem that continues to attract investment and jobs to the region. With its functional layout, ample site coverage, and industrial zoning, the facility is well positioned to support a wide array of tenant uses.

TCG closed with a short-term lease in place, allowing our investors to benefit from cash flow in-place with a value-add lease-up opportunity in the next 12-18 months. This asset further amplifies TCG’s strategy of acquiring well-located industrial properties in high-growth Sunbelt markets.

TCG’s portfolio now reaches 27 buildings, 400,000 square feet and $62M in assets under management. TCG continues to actively pursue industrial investment opportunities across Florida and the greater Southeastern U.S.

The post CLOSED: TCG Acquires 54,080 SF Industrial Single Tenant Asset at 320 Knox McRae Dr, Titusville, FL appeared first on Thematic Capital Group.

The post Thematic Capital Group Expands Texas Portfolio with 16-Building Industrial Acquisition appeared first on Thematic Capital Group.

The portfolio was acquired off-market in partnership with Dray Investments, a Houston-based investment firm with a strong track record of operational excellence. This transaction reinforces TCG’s reputation for sourcing high-demand assets in desirable investment markets. Dray Investments boasts a +/-25-year track record as a market-leading operator of industrial, retail and flex assets across Texas.

The portfolio of 16 multi-tenant buildings across three industrial parks provides a range of suite sizes and layouts to accommodate the growing tenant demand in the region. Current occupancy is 80 percent, offering the venture an opportunity to lease-up vacant space, convert under-market leases and execute on a targeted capital improvement plan to elevate the assets to best-in-class condition.

Dallas-Fort Worth’s small-bay industrial sector has demonstrated consistent outperformance across cycles, buoyed by supply constraints, growing in-migration and sustained tenant demand. The Grand Prairie submarkets specifically offer limited industrial supply, rising rents and strong demographic tailwinds.

The post TCG CLOSES 16-BUILDING SMALL BAY ACQUISITION appeared first on Thematic Capital Group.

Led by Benji Howard, this off-market acquisition aligns perfectly with TCG’s value-add strategy and marks a meaningful step in expanding our footprint across the Southeast.

We signed a tenant pm a 5-year lease prior to due diligence expiration, creating over a 10% yield on cost at acquisition and delivering immediate value in a supply-constrained Charlotte submarket.

The post TCG EXPANDS INTO CHARLOTTE appeared first on Thematic Capital Group.

Led by Bernard Clevens, this strategic acquisition aligns with TCG’s value-add strategy as the leases were renegotiated during due diligence. At Closing, the asset is now leased to a single credit tenant in the Space Industry with a meaningful rent prepayment. The asset offers a near-term mark-to-market opportunity.

The property features clear-span industrial space, a mezzanine build-out, and excellent accessibility to I-95, Port Canaveral, and Orlando, supporting long-term tenant demand and market growth.

This asset marks TCG’s fifth acquisition this year.

This acquisition underscores TCG’s commitment to expanding its Central Florida industrial portfolio, complementing recent acquisitions across the Southeast.

The post TCG EXPANDS PRESENCE IN FLORIDA’S SPACE COAST appeared first on Thematic Capital Group.

We are now leasing for the industrial outdoor storage (IOS) space.
Please reach out to me or our leasing brokers for more details.

This strategic acquisition reinforces our thesis around Class B light industrial assets in tight leasing submarkets. Our business plan has a downside protection approach given the multiple exit opportunities across the three assets.

This acquisition brings our transaction volume to $14M over the past six months and expands our portfolio to 84,000 SF across Central Florida and Kansas City.
Our pipeline includes additional assets in Central Florida, Charlotte and Dallas-Fort Worth.

The post Thematic Capital Group closes acquisition of Small Bay and Industrial Outdoor Storage (IOS) Assets appeared first on Thematic Capital Group.