Berkeley Properties is a dynamic and fast growing commercial real estate management company that specializes in small and mid-bay light industrial, office/warehouse, and flex properties.
IC Berkeley Partners (“ICBP”) is Industry Capital’s vertically-integrated real estate operating company with 60+ employees specializing in the investment and management of multi-tenant industrial real estate. Our firm owns and operates 55 assets over 4.8 million square feet of industrial real estate, totaling approximately $190 million of real estate assets under management.
IC Berkeley Partners is closing its third discretionary value-add industrial real estate fund, IC Berkeley Partners III, LP with equity commitments of $125 million. The Fund’s investors include large US public pension funds and other institutional investors. By the end of 2015, we are expected to grow to approximately 7 million square feet. Since April 30, 2013 we have added 2.7 million square feet to our portfolio, and we have acquired over 340,000 square feet in 2015 to date.
Our current portfolio spans seven states - Texas, Georgia, California, New Mexico, Utah, Florida, and Tennessee. Our sector comprises over 50% of the total US multi-tenant industrial real estate market, and commands the highest occupancy and rental rates of the overall industrial market.
Berkeley Properties has a proven track record of outperforming its competitors over the past several economic cycles. Our experienced leadership team is committed to growing Berkeley Properties to become one of the premier CRE management companies in the industry by adding institutional quality management. We optimize performance by integrating leasing, management, facility, and construction teams to create operating efficiency and cost savings. We operate on a customized innovative technology platform that promotes business scale and supports operational stability. Our superior risk management has had no foreclosures or defaults - ever.