The player is loading ...
Although most asset classes in Real Estate have become saturated, smaller industrial is still wide open with market inefficiencies and fewer investors pursuing it. There are great deals on properties priced under $20,000,000 with credit tenants, in supply constrained markets, and under the radar of larger institutions. Lance Pederson and his partners at Resonance Capital are acquiring solid B class properties in six states across the industrial heartland. They’re implementing simple value-add strategies, mostly around leasing, that are creating huge increases in asset values in a relatively quick period of time.