Identifying Mispriced Assets & Value Creation Opportunities
Shallow Bay Industrial Criteria
Focus on high-growth and high barrier markets
Target buildings in 75,000 - 300,000 SF
Shorter term lease expirations
Below market in-place rents
Larger units that can be demised (where appropriate)
Business parks and multi-tenant
Advanced Manufacturing Criteria
Uses such as bio-manufacturing (cGMP), data centers, cold storage, computer chip/lithium battery design
Characteristics include heavy power (MEP) use tenancy and other advanced infrastructure mission critical processes
High rental growth markets