Investment Opportunity in Orlando Small Bay Industrial Properties Opens Up

"Dallas-based NexPoint launched a Delaware statutory trust - an instrument that allows investors to claim a stake in the passive income of properties -encapsulating both the Lakefront Business Park on Chancellor Drive in Orlando and BaySpace Belle at 1200-1270 Belle Ave., Winter Springs"

Quote by Jared Bonshire, an executive managing director at broker Cushman & Wakefield in Orlando, which is unaffiliated with the offering,
"In the past, Bonshire said, investors have avoided small bay industrial. "You have a lot more clients, and the size of your tenants doesn't necessarily equate to the work for each one," he said. "You often times have to work even harder as the tenants get smaller."
However, he said that interest in the asset class has been growing largely because small bay's flexibility can make it more stable. "It provides investors a baseline of income when they have more riskier assets elsewhere," he said. "You may lose one or two or three or four tenants and still be 90% leased."

Source:

Orlando Business Journal

Investment opportunity in Orlando small bay industrial properties opens up

By Trevor Fraser

July 23, 2024