Nationwide Logistics Portfolio
Nationwide Logistics Portfolio
Industrial
ACQUISITIONS STRATEGY
Previously acquired and managed 3 major office buildings in Washington D.C. on behalf of a client.
Upon achieving value-add goals for those properties, undertook assignment to oversee their disposition and advise on a tax-efficient reinvestment of the proceeds.
Recommended diversification away from multi-tenant office into a nationwide logistics portfolio.
In less than 12 months, acquired 36 logistics buildings (7,508,000 million sq ft) across 13 locations.
Total Purchase Price: $352 MM
ASSET MANAGEMENT VALUE-ADD
Upon acquisition, undertook asset management responsibilities for entire logistics portfolio.
Devised and implemented flexible leasing strategies to increase occupancy and operating income.
RESULT
Folded all properties into a private, non-listed REIT to hold as a tax advantaged income portfolio.