Stoic Equity Partners
Stoic Equity Partners, headquartered in Daphne, has closed on the purchase of another flex industrial property, the third closing associated with its investment fund, SEP Industrial Holdings I, LLC. The asset, a five-building portfolio on McDonough Parkway in McDonough, Georgia, consists of 90,300 ft2 of office and warehouse space. The company’s acquisition of the McDonough…
Stoic Equity Partners has recently finalized the acquisition of two flex industrial assets as part of its latest fund, SEP Industrial Holdings I. The first property, the Commonwealth Business Center in Louisville, Kentucky, consists of two buildings totaling 127,323 ft2 of flex space. This marks Stoic’s initial investment in the Louisville metropolitan statistical area (MSA),…
Fairhope-based Stoic Equity Partners has acquired a former Food World retail location for conversion to self-storage in a $5.3-million private equity investment. The 45,020-ft2 building is located in Fairhope and will now house 355 climate-controlled self-storage units and will be third-party managed by StoreEase of Birmingham. The property will use StoreEase’s proprietary virtual management technology,…
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