Stoic Equity Partners Launches $15-Million Investment Fund

 Stoic Equity Partners, a commercial real estate investment manager and sponsor, has launched SEP Industrial Holdings II, LLC. 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 Southeast. The fund is focused on acquiring multi-tenant industrial flex properties ranging from 50,000 to 150,000 ft2 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 facility revenue by increasing in-place lease rates and occupancy, if applicable, as well as through renovations with the goal of selling the assets to realize additional returns.

Read More

Blankenship Named CAP, Coastal 150 Executive Director

Blankenship Named CAP, Coastal 150 Executive Director

Pinnacle Adds Trust Team In Mobile

Pinnacle Adds Trust Team In Mobile

Aaron Lewis Coming To Saenger

Aaron Lewis Coming To Saenger

Mobile Latin Fest Coming To Mardi Gras Park

Mobile Latin Fest Coming To Mardi Gras Park

Conservation Art Panel, Reception, Awards Taking Place October 11

Conservation Art Panel, Reception, Awards Taking Place October 11

Okploverfest Coming To Braided River Brewing

Okploverfest Coming To Braided River Brewing

Author Fillip Dupree To Hold Book Signing Events In Baldwin County

Author Fillip Dupree To Hold Book Signing Events In Baldwin County

Business Alabama Awards Nominations Due By October 29

Business Alabama Awards Nominations Due By October 29

Business Alabama Seeks Firms For Annual Survey

Business Alabama Seeks Firms For Annual Survey

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.