Labour and drive-time
Whether the site can staff the operation is a harder constraint than whether it can be built. We test labour draw before we test yield.
Industrial & Logistics
Sited against labour, logistics, and power, then built to a spec that will still lease in ten years.
Industrial is an operations business wearing a real estate costume. Clear height, column spacing, dock ratio, trailer parking, truck court depth, and power service are not finishing decisions. They determine which tenants can physically use the building and therefore what it is worth.
We develop distribution and warehouse product on both a speculative and a build-to-suit basis, and we underwrite the site before the building: highway access, drive-time to labour, utility capacity, and the entitlement path for the traffic the use will actually generate.
What we build
- Regional distribution centres
- Last-mile and infill logistics
- Light manufacturing and assembly
- Cold storage
- Truck terminal and cross-dock
- Flex and small-bay industrial
- Industrial outdoor storage
- Speculative and build-to-suit
How we underwrite it
Power and utility capacity
Available service, upgrade cost, and utility timeline are diligence items, not assumptions. They routinely reset a schedule.
Functional obsolescence
We specify clear height, dock ratio, and column spacing against where tenant requirements are heading, not where they are today.
Capabilities we bring
Every one of these is carried in-house by a principal, not referred out.
Available now
4 availabilities in this asset class.
Models for this work
Free to download. The same files we use on our own deals.
Corporate occupiers & expanding operators
Define a Requirement
A build-to-suit is an operating decision before it is a real estate decision. Tell us what the operation needs and we will take it from site selection through delivery as one accountable party.