Entrepreneurial Speed. Institutional Standards
Our investments are predicated upon identifying opportunities with asymmetrical risk-return profiles. We leverage industry relationships with brokers, tenants and owners to find these off-market and value-add opportunities. Each investment is personal to us. We invest our personal and family capital alongside our institutional partners.
Investment Criteria
Asset
Industrial,
Industrial Outdoor Storage (IOS),
Small-Bay,
Mid-Bay Warehouses
Deal Size
$3-30M
Type
Light & Flex
Use
Warehouse, Distribution,
Light Manufacturing
Location
Florida
Georgia
South Carolina
North Carolina
Kansas
Missouri
Texas
Alabama
Investment Thesis
The sub-institutional - $3-30M - price point for industrial real estate continues to offer the most attractive risk-adjusted returns. The reason rests on the most fundamental economic principle - supply and demand.
We are a tenant-driven company where we rely on boots-on-the-ground resources to track and identify tenant demand. The flex, distribution and warehouse companies that occupy industrial real estate in this price point tend to be underserved, at best, and ignored, at worst.
We are investing in these assets and then supplying tenants - our customers - with the resources to maximize the use of the space. We grow with our tenants and develop programmatic relationships for mutual benefit.
Sam Zell said it best: “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. ”