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

Andrew Hannah

Acquisition Manager

Name(Required)
State of Residence(Required)
Have an average yearly income of over $200,000 for the past two years, or $300,000 with a spouse or domestic partner, and a reasonable expectation of the same income level in the current year

Have an individual net worth, or joint net worth with a spouse, that exceeds $1 million at the time of the investment, excluding the value of their primary residence