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High-rise commercial buildings

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Alternative Assets  + Real Estate  | 
Stoic Equity Partners Launches Flex Industrial Properties Fund

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.

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Stoic Equity Partners

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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