Acquisition Criteria
Investment Strategy
Flex Real Estate’s strategy is to invest in Class B industrial and flex industrial assets in secondary and tertiary markets across the Midwest and Southeast, with a strong focus on western and central Ohio. Our strategy is based on the following key factors: a scarcity of new supply in sub 100K SF industrial suite sizes, robust demand for existing space, a lack of interest from institutional buyers in deal sizes of $2-30M, the opportunity to acquire assets below replacement cost, a growing trend of onshoring manufacturing for US companies, and our own deep-rooted experience in manufacturing and entrepreneurship.
Business Plan
Acquire buildings with tenants in place at below-market rents in growing markets. Over the hold, we will push rent to market, thus increasing the cash flow and value of the property.
Geography
Midwest and Southeast with a heavy concentration on the states of Ohio, Indiana, Michigan, Kentucky, Tennessee, and North Carolina.
Property Type
Industrial and Flex Industrial
Price
$2M - $30M
Building Age
1980 or Newer
