Thematic, value-driven strategies designed for resilience and outperformance

Recognizing the point at which immediate opportunity meets long-term demand is the cornerstone of our investment strategy. That has led us to focus on the opportunity to develop modern logistics facilities to meet the evolving, long-term demands of the e-commerce supply chain.

Our Proven Approach to Investments:
Hyper local  |  Data driven  |  Super granular  |  Relational, never transactional

Our Strategies

Development
Creating value from the ground up
Value-Add Acquisitions
Uncovering hidden value
Build-to-Core
Crafting a durable logistics portfolio for long-term ownership

Development

Creating value from the ground up:

  • Distribution center development in key population centers and logistics hubs
  • Designed for maximum flexibility to appeal to the most discerning logistics clients
  • Value-engineered for maximum capital efficiency
  • Investment Period: 24-36 months
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Value-Add Acquisitions

Unlocking Hidden Value:

  • Value-creation in assets with a yield premium to core product because of: ​
    • Existing vacancy or near-term lease expirations​
    • Niche product types (e.g. cold storage, equipment storage, light manufacturing facilities, etc.)​
    • Secondary market locations
    • Smaller transaction sizes
  • Built on a disciplined underwriting of conversion / make-ready costs is key
  • Cap rate compression achieved through scale and diversification of portfolio
  • Investment Period: 36-60 months

Build-to-Core

Crafted for enduring value:

  • Core-market speculative development built for long-term investment
  • Advantages to core investors over an acquisition-only approach:
    • Greater control over their pipeline and portfolio
    • Opportunity for 50+ bps stabilized yield premium vs. average yield on competitive stabilized asset acquisitions
  • Hold Period: 10+ years​
Image of a corporate building.

Corporate Client Solutions

Redefining Corporate Real Estate:

  • Services: ​
    • Provide dedicated capital and development expertise to fund client real estate projects and preserve client capital for higher return investments in their core business
    • Unlock trapped equity in owned real estate by acquiring owned assets via a sale/leaseback transaction
    • Acquire well-located excess land and/or assets that are no longer needed for operations without a corresponding leaseback
  • Strength
    • Nationwide corporate build-to-suit and sale-leaseback experience as a developer/buyer
    • Expert real estate market knowledge to drive site selection processes, custom-tailored to accommodate client operations and logistical requirements
    • Strong relationships with best-in-class Architects, Designers, Engineers, and Contractors to optimize project design and deliver low cost, functionally-efficient space​

Our Target Markets