ACUISITION criteria

Individual Transaction Size: $5-$75 million
Site Size: 3 Acres to 100 Acres
​Building Size: 25,000 Sf to 250,000 SF
Our focus is on logistics and supply-chain-related Industrial Service Facilities (ISFs). Properties are in established industrial locations of major metropolitan markets with high-volume transportation linkages for trucking, rail, shipping and air cargo.

PROPERTY TYPES

  • Managed Truck Parking
  • Fleet Parking (Line Operation)
  • Freight Terminals
  • Outdoor Storage Facilities
  • Drop Yard
  • Truck Maintenance/Repair Facilities

ACQUISITION STRATEGY

  • Off-market opportunities
  • Limited-bid scenarios
  • Performing and nonperforming assets
  • Ground-up construction
  • Properties with upcoming lease expirations of 1-3 years
  • Matching existing credit tenants with challenging requirements
  • Increasing value to underutilized assets through entitlement and zoning changes

MARKET CHARACTERISTICS

  • Timber Hill is interest in mar-kets that exhibit some or all of the below characteristics
  • Mission-critical ecommerce supply chain hubs
  • Constrained supply and limited competition
  • Intermodal facilities
  • Active Seaports
  • Class A transportation infrastructure
  • High barriers to entry (Zoning, high land costs & limited land availability)
  • High population growth
  • Diversified economic base
  • Significant industrial real estate growth
  • Consistently strong demand for ISF-type properties
  • Opportunities for rent growth

TARGET MARKETS

  • Chicago
  • Atlanta
  • Dallas-Fort Worth
  • Jacksonville
  • South Florida/Miami
  • Memphis
  • Open to other locations

TARGET PROPERTIES

  • Stabilized Assets
  • Managed truck parking lots in established markets
  • Bulk fleet parking lots, industrial outside storage, truck repair and truck terminal facilities
  • Value-add Acquisition
  • Underutilized properties that can be renovated or reconfigured by adding parking, constructing amenities including automatic gate systems, security cameras, fencing, lighting, and correcting irregular or inefficient flow patterns
  • Underutilized properties that are currently vacant
  • Ground-up Construction
  • Identifying locations underserved with ISFs, providing
  • an opportunity to develop an asset in a market with in-place demand to realize imputed value
Companies today consider logistics real estate a business critical decision with locations in or near dense population centers considered most desirable.