Posted By Gbaf News
Posted on July 17, 2018
On July 12, 2018, Wilson Investment Properties, a Silicon Valley-based real estate investment firm, acquired an industrial portfolio of 19 buildings in 6 industrial parks, primarily located in northwest Houston, spanning a total of 460,000 square feet.
The portfolio is leased to a diversified set of 103 tenants, including manufacturing, fabrication, and many local service businesses. It fared exceptionally well during Hurricane Harvey, and industrial assets have been in higher demand due to lower supply from damaged inventory, increased construction, and the growth of e-commerce.
The strategic purchase was made through a syndication of individual investors, pooling capital to purchase a large commercial portfolio with occupancy increase potential, attractive yields, and immediate cash flow distributions.
“These offerings allow our investors, many of whom are in the technology field, to diversify their investments outside of stocks and Wall Street,” said Tom K. Wilson, principal of Wilson Investment Properties. He added “Many of our clients love that they can invest in an institutional grade product for as little as $50,000 by utilizing the expertise of an experienced syndicator.”
Wilson Investment Properties has been bullish on the industrial asset class during this point in the market cycle, and the Northwest Houston Industrial portfolio is the company’s fifth industrial acquisition since 2017.
Established in 2003, Wilson Investment Properties has been a leading provider of high quality, residential and commercial real estate syndications, both in and out of state, to individual investors, including assisted living, industrial, office, retail, land development, and multifamily. Visit www.tomwilsonproperties.com to learn more.
Its principal, Tom K. Wilson, is a 5 decade real estate investor veteran who has bought and sold over half a billion dollars of real estate across the country. Mr. Wilson is the host of Real Estate Radio POWER Investing on KDOW 1220 AM.