A value-add fund targeting strategic industrial properties in the greater Pacific Northwest with a primary focus on the Seattle & Portland MSA.
|Targeted Investor IRR:||20%|
|Targeted Equity Multiple:||2.0x - 2.5x|
|Targeted Stabilized Cash Yield:||8.0%|
|Targeted Investment Period:||5-7 years|
|Property Type:||100% Industrial|
|Distribution Commencement:||January 1st, 2022|
|Offers Due:||December 31st, 2021|
|Funds Due:||December 31st, 2021|
|Targeted Project Level IRR:||20%|
|Sponsor Co-Investment:||5% Targeted Co-Investment|
SMARTCAP Investor Share in Institutional Profits
Tier 1 Markets
We have the expertise, resources, and connections you need to break into the industrial market.
Discover more of what sets our company apart in the Seattle and Portland markets.
100% FOCUS ON LOCAL MARKETS
Our local focus and expertise gives us a competitive advantage over other investing firms in the Seattle and Portland markets.
HIGHEST DEGREE OF LOCAL KNOWLEDGE
You can trust in our inside insight generated from years of successful purchasing to acquire only income-producing assets that outperform time and time again.
SUPERIOR MARKET ANALYSIS
Our research capability and expertise work synergistically to support our acquisitions phase.
BEST BROKERAGE RELATIONSHIP
Our connection with local brokers allows us to acquire oﬀ-market opportunities ahead of the competition—leading to better returns for investors.
We only move in the market when our decisions are backed by hard data and research to ensure we're bringing the best industrial value-add to our investors.
Focus on Top Tier Markets – Primary Targets Include Seattle & Portland
Supply of new industrial product is limited due to physical and regulatory constraints. When combined with strong demand, and generators such as population growth, and proximity to ports, the Seattle and Portland markets have continually generated superior returns.
High-Quality Industrial Real Estate
We invest in functional, flexible industrial real estate that meets our customers’ needs. Our target markets are in areas with growing demand and limited supply.
Combining direct acquisitions, ground-up development, and the highest-quality relationships in our markets, we provides great opportunity for portfolio growth and increased investor value.
SMARTCAP targets middle-market assets in the $5MM - $30MM range where larger institutions are less competitive, and smaller investors cannot buy.
SMARTCAP is a boots-on-the-ground, local operator with top relationships in the market.
The Pandemic is further accelerating E-Commerce and the necessity for resilience across the domestic supply chain
“Each 100 bps of share shift from bricks and mortar to online translates to 46 MSF of net demand in the U.S.”
2020 e-commerce growth of 30%+ suggests that the demand could generate an 140-185 million SQ FT of annual industrial requirements over the next decade.
SMARTCAP Industrial Fund will focus on logistics, multi-market distribution, last-mile distribution, and manufacturing assets.
Seattle and Portland are supply-constrained markets, with significant growth, which results in higher rental rates. Rental rates in these markets have cumulatively grown by 12% more than the national average since 2012, and vacancy rates have been consistently lower.
SMARTCAP is a direct real estate investment firm operating in the Puget Sound area, one of the top real estate markets in the world. Your risk is minimized by acquiring assets at value-add pricing. Our track record for our entire portfolio is over 23% IRR paid to investors, net of fees and expenses.
Investors are our life-blood and appreciate our detailed monthly communication and financial reporting. Your questions are answered quickly and with honesty and transparency. You will receive monthly updates, including detailed property summaries and financial reporting, as well as monthly distributions.