Market
Strategy

Berkeley Partners is a leading vertically integrated real estate investment firm serving institutional investors with a demonstrated history of generating value through strategic investment and management of light industrial real estate. With offices in Oakland (CA), Dallas (TX), Boston (MA) and Denver (CO), Berkeley Partners acquires and manages industrial assets in select target, growth and gateway markets across the country.

Asset Class

“Light industrial” is defined as buildings up to 250,000 square feet. The light industrial market is comprised of approximately 12.8 billion square feet across distribution and storage, essential services, light manufacturing and R&D. The light industrial market makes up over two-thirds of the overall U.S. industrial market.

(Source: CBRE EA, Q2 2023)

Market Selection

Berkeley Partners aims to invest in select growth and gateway markets across the United States with strong underlying fundamental demand drivers. We combine top-down market selection with bottom-up asset-level underwriting to create value and build a portfolio of light industrial assets across the country. 

Please refer to the Portfolio page for additional information regarding our active markets. 

Light industrial encompasses a variety of tenants and space uses

These include:

Last mile warehouses, generally smaller scale local and regional warehouses and distribution facilities, including retail and e-commerce

Small bay business parks, including smaller office and industrial buildings serving multiple tenant users with space that provides office, industrial, and R&D uses

Low coverage and industrial outdoor storage sites with truck docking for contractors, utilities and other industrial purposes

Light manufacturing, assembly and packaging

 

Operational Excellence

Berkeley Partners’ vertical integration is an important part of our goal to maximize the value of our real estate assets. Our dedicated on-site property management teams focus on maintaining strong occupancy and delivering superior tenant experiences. With a fiduciary commitment to investors, we have the capabilities to handle all aspects of property management, from lease administration and facilities maintenance to tenant communication and asset preservation.

At Berkeley Partners, we use our intimate knowledge of the market and long-standing relationships with industry partners to manage assets and optimize property values proactively and strategically. From asset enhancement and risk mitigation to financial analysis and reporting, our asset management services seek to ensure our portfolio achieves its full potential.

Acquisition Criteria

Berkeley Partners values its strong partnerships with brokers across our target markets. As trusted collaborators, we welcome their input on identifying assets that align with our investment criteria. We are looking for light industrial properties in primary and secondary markets across the U.S., with an emphasis on specific attributes: 

  • Multi- and single-tenant industrial properties
  • Low office-to-warehouse ratio
  • Transaction sizes ranging from $5 to $75 million
  • A diverse range of unit sizes, from 5,000 to 150,000 square feet
  • Properties with varying occupancy levels, including those with lower occupancy
  • Opportunities for core-plus and value-add strategies

Together, we can unlock the potential of industrial real estate investments and deliver outstanding results to our investors.

Corporate
Responsibility

At Berkeley Partners, we are committed to the long-term and sustainable success of our investments not just because we believe it is the right thing to do, but a smart way to generate value. This commitment is embodied in our recognition of the increasing importance of Environmental, Social, and Corporate Governance (ESG) factors within the macro trends and global context of our operations.

Berkeley Partners has an obligation to our investors, the communities in which we operate, and our global environment. Our corporate values place integrity, transparency, leadership, and stewardship at the forefront of all our activities, and we believe that incorporating these corporate values along with material ESG factors, where applicable, can drive us to make better informed decisions to maximize value that is consistent with meeting our fiduciary duty.

Featured

Coliseum Way

Oakland—CA
SF
355,332

Units

10