All holdings
Light industrialAcquired 2023
Northwind Industrial
Warehousing, light fabrication, and last-mile distribution assets serving the coastal plain and the inland valleys.
Thesis
Goods still have to sit, move, and get packed somewhere near the 101. We own the boxes that do that work, and we keep them boring on purpose.
How we operate it
- Tenants are operators, not venture-backed fulfillment experiments.
- Buildings are maintained to a higher standard than the rent roll requires.
- We will pass on a higher cap rate if the use does not belong here.