LIGHT INDUSTRIAL OVERVIEW

  • All units have grade and/or roll-up doors
  • Average unit is 80% warehouse/20% office
  • Clear heights generally 16’-20”
  • Flexible configuration appeals to broad base of U.S. small and mid-size businesses
  • Infill locations – Close to city centers and housing

MARKET OPPORTUNITY

  • Large Market Size: 3-4 billion Sq.Ft
  • Smaller deal size leads to less institutional competition
  • Steady current income with potential appreciation through active management  
  • Negligible tenant improvement capital required
  • Multi-faceted diversification reduces risk
  • Serves small and mid-sized businesses
  • Higher average occupancy and rental rates (source - CBRE)
  • High replacement cost