CapRock Partners’ Post

Grandview Partners, in partnership with Farpoint Development, acquired a 134-acre industrial development site in LaGrange, Georgia, near a future inland port, to develop Lafayette Logistics Park, which can accommodate up to 2 million square feet of industrial space.   Located just six miles from the future West Georgia Inland Port and with direct access to I-85, an integral Southeast logistics corridor connecting major markets from Alabama to Virginia, the site is ideal for a regional distribution and manufacturing hub.    This investment aligns with Grandview’s strategy of investing in growth-stage markets that benefit from structural changes in real estate, including the reshoring of manufacturing. Our focus is on uncovering investment opportunities in markets below most investors' radars with solid supply-demand fundamentals, as well as significant capital investment, in this case, to bolster logistics capabilities and infrastructure. Read more here https://lnkd.in/eFbeQQdV   #Industrial #CRE #IndustrialDevelopment #Reshoring

We continue to grow our industrial portfolio here at Grandview Partners. In partnership with Brennan Investment Group, a Grandview affiliate recently acquired a 24-acre land parcel in Laredo, Texas, to build a 393,796-square-foot, class-A industrial building. This is a continuation of our strategy to tap into the opportunities arising from the nearshoring and reshoring wave bolstering U.S. manufacturing and logistics. Our focus is on investing in modern facilities in early-stage growth markets. Laredo is pivotal in the region's strategic importance in the growing trade with Mexico post-USMCA, with a substantial portion of the $30 billion boost expected in Mexico's exports passing through the Port of Laredo.  Read more here (https://lnkd.in/e2DZr8t2). #IndustrialReal Estate #RealEstateInvestment #Nearshoring

CoreOne Industrial has acquired 8901 First Industrial Drive, Southaven, MS. The purchase consisted of a 42,050 SF warehouse situated on 3.5 acres, currently occupied by Therm-All and Encore Steel Building Company. The property was sold by local brokers, Hunter Adams and Preston Thomas, SIOR Thomas of Colliers. "Colliers Memphis is thrilled to assist in the sale and purchase of one of the best Industrial/Flex assets in Desoto County Mississippi. Over the last 15 years, 8901 First Industrial has been an ideal property for the seller to grow their business. More recently, as an investment, it has performed remarkably well,” says Hunter Adams, a Vice President at Colliers. “Under the new ownership of CoreOne Industrial, this property promises to continue providing an unmatched place to do business and solid returns for the owners. We welcome CoreOne to the Memphis market and believe they will be just the kind of investor this area deserves. Congratulations to both parties on a great transaction.” Joe Burton, President of CoreOne Industrial, says, “This acquisition isn’t just about owning a property; it’s about planting our flag in a growing region. We’re excited to be part of the Memphis industrial market, which boasts a strategic location, excellent transportation access, and a strong infrastructure for logistics.” Joe continues, “Our team’s strength lies in identifying high-value assets and this acquisition represents a commitment to that process.” Robert DePiero Clifford S. Corey Isdaner Kyle Coven #industrialrealestate #lastmiledelivery #warehouse #commercialrealestate #cre #dealmakers #tennesseerealestate #mississippirealestate #memphisrealestate #memphis #manufacturing #growth #invesmentproperty #markets #desotocounty

Herndon-based roofing and building supplies company Beacon Building Products has closed out a busy 2023 by opening new distribution centers in five states. The Fortune 500 company, officially known as Beacon Roofing Supply Inc. said this week that it has recently added branch locations in Georgia, Illinois, Iowa, South Carolina and Texas, to go along with the 21 distribution centers it has already opened this year. Beacon is one of Greater Washington's largest publicly traded companies. Its aggressive expansion is part of CEO Julian Francis stated plan to generate annual revenue of $9 billion by 2025 through a mix of organic growth and acquisitions, and Beacon appears to be on pace to hit that target a year early. Through the first nine months of 2023, the company reported revenue of $6.8 billion, up nearly 6% from the same period in 2022. Net income, however, was down nearly 12% from the first nine months of 2022 to $340 million due primarily to higher operating and production costs.

We are excited to share that Delaware Valley Paving was recently featured in an article by The Deal, highlighting our incredible growth journey and future plans. President Eric Faggioli shared insights on our strategic direction and commitment to providing top-notch services in asphalt and concrete. Key Highlights: National Expansion: From a regional commercial paving company, we are expanding our national footprint with plans for new offices and growing our national construction division. Revenue Goals: We are targeting $1 billion in revenue within the next 10 years. Business Growth: Our annual revenue surpassed $100 million in 2023 with a projected 40% growth in 2024. Strategic Focus: We are concentrating on emerging markets, especially in the Northeast and Gulf Coast states. Tech Investments: We are investing in technology for scope determination and surveying, with new initiatives to be announced soon. Acquisition Strategy: While open to acquisitions, we prioritize acquiring talented teams over assets. As we look to the future, we are more committed than ever to helping our customers save time, money, and stress when it comes to all things asphalt and concrete. Your support has been instrumental in our success, and we can't wait to see what the future holds! Read the full article here 👇 https://lnkd.in/eyEqUVRx #Growth #PavingTheWay #DelawareValleyPaving #NationalFootprint #Asphalt #Concrete #CustomerFirst

◾SCI Floor Covering, Inc., backed by Ranier Capital, is expanding through strategic acquisitions in the Midwest. ◾Despite some market softness, SCI President and CEO Dave Elberson remains optimistic about the flooring industry's outlook. ◾Learn about his acquisition strategy, business outlook and SCI's career path for installers. #commercialflooring #residentialflooring #businessoutlook #flooringindustry #flooring

Investor Duo Partners for Outdoor Storage Yard Acquisition Read the full article below..

ARA Europe, the European platform of ESR Group, has sold the #investment of Block 13 Delta Way at Gloucester Business Park - ARA Europe. The vendor was advised by Adrian Rowley and Oli Stretton from our #Gloucester and #Bristol investment teams. The multi-let industrial estate was acquired by Wulff Capital Holdings for £2.1 million. Adrian Rowley said: "The disposal reflects the strength of Gloucester's industrial investment market. Opportunities remain highly desirable, with the market being driven by strong occupier demand, a lack of available stock and limitations on speculative development. The secondary market has experienced rapid rental growth over recent years and this is anticipated to continue as existing stock continues to erode." Great working with Edward Amery at ARA Europe and Ben Cowles at Wulff Capital on this deal. https://lnkd.in/eksU5azv

FocalPointe’s Acquires 3 Firms – Key Mindset Change This Lawn&Landscape article details the 3 acquisitions St. Louis-based FocalPointe has made in the last few months (if you need first-class commercial lawn care in Oklahoma, Kansas, Illinois, or Missouri, call them). To accomplish this, I, along with the other advisory board members, worked to get CEO John Munie comfortable with taking on the debt required to make these acquisitions. 8x vs. 6x Multiple The immediate result of these acquisitions: the combined revenues of the 4 entities now exceed a key multiple of earnings threshold in the landscaping and services industry – an increase in multiple from 6x to 8x earnings. Multiply these two extra turns with the greater combined profits and the significant bump in valuation greatly exceeds the additional debt. And the increased profits generate 4x the cash flow needed to service the debt. This is how PE firms create such huge value, leveraging debt to invest and drive valuation, and then using profits to pay it off. It’s time you PE’d yourself!! Let us help guide you to do the same. Acquire Key Talent The largest of the acquisitions is Brett Gordon’s Oklahoma City firm Signature Landscape. Strong on operations, Brett is the new COO of the combined firms. It’s the primary reason the board encouraged John’s first acquisition – to get a key talent he was missing in the mother ship. What key talent are you missing? Maybe an acquisition will fix this and add access to new markets? 📄 https://lnkd.in/gwTqvSv3

Kudos to Prologis for acquiring the Goodyear industrial park in Arizona! 🏢 This $184 million deal is fantastic news for Goodyear, Arizona, and here's why: 1. Community Growth: This investment isn't just good for business but for the Goodyear community as well. It means more jobs, a stronger local economy, and an improved quality of life. 2. Residential Boost: A thriving local economy can boost residential real estate. More jobs and economic development can attract more residents, potentially increasing the demand for homes. 3. Market Confidence: This deal shows that investors believe in Goodyear's potential. It can attract more investments, benefiting both industrial and residential properties. 4. Better Infrastructure: Prologis's involvement may lead to improved facilities in Goodyear, making the area more attractive for both businesses and residents. In a nutshell, this acquisition is a significant win for both Prologis and the Goodyear, Arizona community, and it bodes well for growth in industrial and residential real estate. 🌆🏡 #RealEstate #GoodyearArizona #CommunityGrowth #Prologis #ResidentialRealEstate