We buy small-bay industrial parks across the Southwest that institutions have overlooked. We target a 15 to 20% minimum IRR, and we put 20% of our own money in every deal. We have done this in Phoenix for 18 years.
Big money has crowded into apartments and large warehouses. Small-bay parks are different. There are not enough of them, and the ones that exist stay full. We buy these parks, move the old leases to NNN, and fix up the buildings so the rent goes up.
We started in 2008 and we have run small-bay industrial in Phoenix ever since. We have overseen more than $500M in deals. We do the buying, the building, the lending, and the managing all in-house, so nothing gets handed off to an outside firm.
Thirty minutes with the Hanson team. We will walk you through the deal that is open right now, how we underwrite it, and why we put 20% of our own money in beside you.
