Property Types
Our investment convictions center around the self storage, grocery shadow retail, and small bay industrial asset classes.
Self Storage
Self-storage enjoys a reputation for consistency in generating steady income streams across economic cycles, including during economic downturns that can fuel increased demand as life transitions create new renters. Self-storage also benefits from residential upsizing / downsizing trends that help sustain demand; and additionally enjoys the flexibility to adjust rental rates swiftly in response to market conditions.
Grocery Shadow Retail
Grocery-shadow retail is characterized by the presence of a market-leading grocery store and surrounding or adjacent necessity retail shops. Grocery shadow retail centers often establish themselves as community staples, fostering local convenience and providing a consistent influx of visitors that can support not only the grocery store but the overall vibrancy of the retail complex. For this reason, grocery proximity is often an important criterion for a broad array of prospective retail tenants, typically contributing to diverse, essentials-based, e-commerce resistant revenue streams.
Small Bay Industrial
Small bay industrial properties, generally considered sub-120,000 square feet of leasable area, are often characterized by versatility and adaptability, making them suitable for a wide range of businesses, including manufacturing, warehousing, and light industrial operations. Their smaller size and flexible layouts can appeal to a diverse tenant base and help reduce the risk associated with vacancies. Small bay industrial properties are also often located in strategic locations with proximity to transportation hubs, which can bolster their market appeal. With the growing trend of e-commerce and the need for localized distribution / operating hubs, the demand for such properties remains robust.