Investment Criteria

Seeking Value-Add and Core Plus Investments
Typical Transaction Size: $50M to $100M with no upper limit
Markets: primary and secondary U.S. markets
Targeted Returns: 16-18% for value-add and 11-13% for core plus

Target Assets:

• Warehouse/ distribution
• Light industrial
• Freezer/ cooler
• Manufacturing facilities
• Surplus corporate facilities
• Sale/ lease-backs

For more information, contact Brian Scruggs at 214-884-3722

Seeking Value-Add and Opportunistic Investments
Typical Transaction Size: $20M to $50M (200+ units) for a single asset and $50M+ assets on a select basis
Markets: primary Texas markets, Arizona, Georgia, Carolinas, and Florida
Targeted Returns: 15-18% for value-add and 11-13% for core plus

Target Assets:

• Class: B to A- / Location: B to A+
• Capital Improvements: $5,000/ unit to $20,000/ unit
• Leverage: 70% +/-
• Vintage: prefer 1990 to 2015, but consider 1970 to 1980 if well located

For more information, contact Curtis Walker at CWalker@westmountrc.com

Seeking Value-Add and Infill Core Plus
Typical transaction size: $40M+
Markets: Primary and secondary U.S. markets
Targeted returns: 18-22% for value-add and 13-15% for core plus

Target Assets:

• Business parks
• Single-story
• Mid-rise
• High-rise

For more information, contact Jason Harris at JHarris@westmountrc.com