
Greg Armstrong
Co-Founder and Managing Partner
The real estate behind real life.
We built ACD around a simple idea: that essential commercial real estate - spaces rooted in the rhythms of everyday living and local commerce - offers the most enduring value. By pursuing that conviction with disciplined underwriting, on-the-ground execution, and sharp focus on high-growth markets, we've created a model designed to deliver both impact and performance. I believe our track record proves the concept.
Essential by Design
No flash. Just fundamentals. We invest in the real estate people count on - essential, community-anchored assets built to deliver durable value and hold up when it matters most.
Markets that Matter
Our focus on the Intermountain West gives us proximity, perspective, and access in some of the country’s most dynamic, supply-constrained markets.
Built to Execute
We don’t outsource the work that matters. From sourcing through stabilization, our vertically integrated team brings deep expertise and daily accountability to every phase of the investment.



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HISTORY
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2023
- ACD completes the final closing of ACD Fund IV, LP
- ACD unifies branding of self-storage portfolio assets under the new BriteLock Self Storage banner
- ACD expands into Colorado’s high mountain region with the acquisition of Shops at Durango Town Center in Durango, Colorado
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2022
- ACD completes the initial closing of ACD Fund IV, LP, its fourth opportunity fund
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2021
- ACD’s grocery shadow retail portfolio expands with acquisitions including Plant Shops in Mesa, Arizona and Eastridge Plaza in Aurora, Colorado
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2020
- ACD target markets expand into Arizona, joining Colorado and Utah
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2019
- ACD’s investment strategies expand to include stabilized core investment opportunities, broadening the range of investment alternatives available to our partners
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2018
- ACD commences construction on the development of StorQuest at Stapleton, a 600 unit self storage facility
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2017
- ACD closes ACD 2017 Fund, LP its third opportunity fund
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2016
- ACD target markets expand into Utah
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2013
- ACD closes ACD 2013 Fund, LP its second opportunity fund
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2010
- ACD closes ACD 2010 Fund, its first opportunity fund
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2007
- ACD’s investment platform expands throughout the Colorado Front Range with development partnerships featuring numerous Class A brands including 7-Eleven and Goddard Schools
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2005
- ACD is founded in Denver, Colorado by Greg and Jarrett Armstrong