Strong Cash Flow; Purchase stabilized properties in mature submarkets @ 6.5%-8.0%+ cap rates resulting in 8.5% – 11% Cash on Cash Yield.
Preservation of Capital – High tenant retention, strong owner-user pool, with tenants picking up the majority of maintenance.
Resilient to Commercial RE Market Volatility – Product producing tenants (non-financial).
Strong risk adjusted overall equity return.
Proven market disconnect for individual buildings. Inefficiency of the capital markets for a large portion of the product type, particularly Light Industrial.