Light Industrial Aggregation

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Light Industrial Aggregation

Iconic acquires off-market infill light industrial warehouses throughout coastal gateway and secondary markets, positioned to benefit from strong labor pools, Port growth and population growth.

Deal criteria

Total Capitalization

$10mm-$250mm

Target Leverage

50%-65%

Levered IRR Targets

Core Plus: 12%-15%
Value-Add: 16%-20%
Opportunistic: 20%+
Active Markets

Target Markets

Iconic Equities’ investment strategy focuses on last-mile infill, port logistics and key freight corridors.

  • Atlanta
  • San Antonio
  • Charleston
  • Charlotte
  • Dallas
  • Raleigh Durham
  • Savannah
  • Inland Empire
  • Norfolk VA
  • Greenville Spartanburg
  • Houston
  • Las Vegas
  • Seattle
  • Bay Area
  • Colombus
  • Los Angeles
  • Miami
  • Nashville
  • Orlando
  • Phoenix
  • Central Valley
  • Indianapolis
  • Chicago

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