Infill locations in growing cities with limited supply of industrial.
Asset Criteria
Functional Class B and C industrial buildings.
20,000 – 120,000 Square Feet
Site 3 – 10+ Acres outdoor storage strongly preferred.
18+ feet ceiling height preferred but not necessary
Deal Size: $1 – $7.5M or above on a case by case basis.
Credit or Private Tenants
Below market rents strongly preferred.
Potential Tenant Types: general distributor, building material distributors, plumbing distributors, industrial supply, electrical supply, telecom, tool rental, and many more.
Cap Rate-Commensurate with market, credit and risk.
Shorter lease terms considered on a case by case basis.
Sample Acquisitions
HD Supply
Three city single tenant plumbing distributor located in Clearwater, Tallahassee, and Melbourne, Florida.
Portfolio Total Building: 122,107 square feet on 19.48 acres.