Real Estate For
Local Industry
Anchor Capital Partners
Based in New York City, we are a vertically integrated real estate investment firm focused on light industrial assets in localized infill markets within Long Island, New York City’s boroughs, Northern New Jersey, and the greater tri-state area. Our investment philosophy is based on value creation via detail-oriented acquisitions, creative and adaptive repositioning, strategic leasing, and active management.
Our experience encompasses financial underwriting, due diligence, leasing, property management, project management, asset management, capital markets, and development. Central to our mission is providing real estate solutions tailored to the needs of local industry, emphasizing our commitment to the growth and advancement of local economies.
Investment Strategy
Our niche investment strategy focuses on core-plus, value-add, and opportunistic acquisitions of last-mile industrial assets specifically targeting small-bay and multi-tenant properties strategically located near local consumers, businesses, and key infrastructure.
We target assets in localized infill markets within Long Island, New York City’s boroughs, Northern New Jersey, and the greater tri-state area. These locations typically contain localized pockets of self-sufficient economies that also serve the greater MSAs, and contain high population density and immediate access to a high concentration of businesses per capita. We maintain an intimate knowledge of our target markets, allowing us to quickly identify our acquisitions.
TARGET INVESTMENT CRITERIA
Small-Bay
MULTI-TENANT INDUSTRIAL
Northeast
INFILL MARKETS
$5M - $75M+
TOTAL CAPITALIZATION
Historically unappreciated by investors, small-bay and multi-tenant industrial properties offer several characteristics and dynamics that make them attractive relative to traditional industrial real estate, such as a diversified tenant base, substantial value-add opportunities, and attractive supply and demand characteristics.
DIVERSIFIED TENANT BASE
Staggered lease rollovers result in a smoother NOI profile
Swifter adjustment for inflation and rent appreciation with more frequent mark-to market opportunities
Reduced tenant credit and industry
concentration riskTenants can expand and contract within the same property at minimal cost, leading to higher tenant retention
VALUE-ADD OPPORTUNITIES
Legacy ownership allows for operational improvements to mismanaged assets
Increase curb appeal via capital
improvements and deferred maintenanceAbility to reposition functionally obsolete layouts and sub-optimal unit mixes according to market demand
Monetize excess land or other unique site features via outdoor storage or other ancillary income initiatives
ATTRACTIVE SUPPLY & DEMAND
Many multi-tenant industrial properties are in areas where the highest-and-best use of land is for residential and other commercial use
With land prices prohibitively expensive, new industrial development is focused on single-tenant, big-box properties
Demand for small space has increased as entrepreneurial businesses gain momentum and benefit from access to public and private economic incentives