Stoic Equity Partners, a commercial real estate investment manager and sponsor, has announced the launch of SEP Industrial Holdings II. Seeking to raise $15 million in equity from accredited investors, the 506(c) private placement investment fund intends to utilize equity raised to acquire value-add industrial flex properties across the Southeastern United States.
The fund is focused on acquiring multitenant industrial flex properties, ranging in size from 50,000 square feet to 150,000 square feet, within growth markets in the Southeast where the cost of new development is too high compared to market rental rates. The sponsor will seek to enhance the facility revenue by increasing in-place lease rates and occupancy, if applicable, as well as through completing interior and exterior renovations with the goal of selling the assets to realize additional returns.
"With SEP Industrial Holdings II, we are aligning investors with one of the most resilient and promising sector
