We are currently pursuing land sites and Co-GP partners for shallow bay industrial development in the mountain west.
Shallow bay industrial has some of the lowest vacancy rates among all types of commercial real estate, and especially within industrial. Small and medium-sized businesses contribute to 44% of the U.S. economy. Multi-tenant industrial properties provide a cost-effective solution to house the operations of such companies. The building depths provide flexible, accessible space.
We are bullish on this particular property type and are seeking GP/LP joint-venture partnerships to pursue these opportunities in Salt Lake City, Denver, Phoenix, Las Vegas, and Reno.
Attached is a sample deal we took a look at in the summer of 2024 in southern Utah county, but ultimately passed. Click “LEARN MORE’ to see the pitch deck or “Underwriting - Excel Video” to see how we models deals in Excel.