
Stoic Equity Partners Launches Flex Industrial Properties Fund
Commercial real estate investment firm Stoic Equity Partners announced the launch of a new investment fund, SEP Industrial Holdings I, which is focused on investing in flex industrial properties across the southeastern US region.
The Daphne, AL-based firm is looking to acquire seven to nine flex industrial facilities located in secondary and tertiary markets. The SEP Industrial Holdings I fund offers a unique investment opportunity for accredited investors, with a fundraising goal of $25 million available in $50,000 share increments.
The fund’s projected portfolio value is set to reach $70 million to $75 million, with a planned holding period of five years.
The strategy focuses on identifying and acquiring office/warehouse facilities built between 1980 and 2000 and aims to “unlock value” through renovations, adjusting rents to align with market rates and improving on operational inefficiencies.
“SEP Industrial Holdings I will execute a value-add strategy while also providing quarterly cashflow distributions to investors,” explained Jeremy Friedman, co-founder and CEO of Stoic Equity Partners.
