SA938 | Investing in Opportunistic Multi-Tenant Flex Industrial Properties with Grant Reaves

Real estate has always been one of the best investment vehicles for people to build wealth and a better future. But how can you fulfill these goals within the business but outside the housing side? Grant Reaves is here to share his continuous success in the commercial space, specifically in flex industrial investing.

Today, Grant tells us why they prefer finding opportunities in office spaces and flex industrial properties, how tenancy and occupancy work in this asset class, and their criteria for choosing the best markets. Join us in this episode to hear Grant’s advice for aspiring commercial investors!

Key Points & Relevant Topics

• Grant’s extensive background in the real estate investing business from commercial and self-storage to flex industrial
• What is flex industrial?
• The reason why Grant decided to acquire his first industrial real estate deal
• Value-add and renovation strategies for industrial properties
• The occupancy rate for office spaces
• Ideal markets for industrial investments and some things to consider when choosing the right one
• Flex industrial properties’ tenancy after the renovation and value-add
• Advantages of applying the Triple Net Lease (NNN) structure
• 3 main reasons why Grant invests and will continue to invest in flex industrial properties
• Grant’s advice for anyone planning to invest in commercial real estate

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Grant Reaves

Grant Reaves is a co-founder and Principal of Stoic Equity Partners in Daphne, AL. He oversees the Acquisition Department, Investor Relations, portfolio management, and the firm's debt relationships. Alongside his business partner, Jeremy Friedman, Grant has grown Stoic's real estate portfolio to over $86MM and 877,000 SF (as of April 2024) of developments/acquisitions since July 2021. Stoic began by investing in self-storage completing 4 acquisitions/developments before transitioning to multi-tenant flex industrial. The firm continues to be focused on purchasing value-added, multi-tenant flex industrial properties throughout the southeast.

After studying business at Auburn University, Grant began his career in commercial real estate brokerage, focusing on selling limited-service hospitality assets nationwide. This experience equipped him with essential skills in underwriting, deal structure, and portfolio management, which he now applies to Stoic's success.

Grant resides in Fairhope, AL, with his wife Lawren, and their son William.

Get in Touch with Grant

• Website: https://www.stoicep.com/
• Email: [email protected]
• Twitter (X): @reaves_grant
• LinkedIn: Grant Reaves

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