Creating greater value creation from the ground up.
Speculative development opportunities enable us to capture potentially greater value creation compared to purchases while complementing our existing industrial portfolio. To participate in this sector of the industrial market, we enter into joint ventures with our development partners. We generally invest in opportunities that are essentially “shovel-ready”, meaning construction can often start immediately, mitigating development and entitlement risk. This strategy allows us to capture higher investment yields, while keeping much of the development risk with our partners.