Hammond Capital
View firm page →1 buy boxes · hammondcapital.com
Asset type
IndustrialStrategy
Value AddCoverage
2 statesRequirements
Verified Oct 12, 2026- Stated criteria
- Shallow-bay industrial.
- Southwest focus, preference for major Texas markets & Phoenix.
Where
2 states · 1 citiesStates
Cities
In their words
Target Asset Profile
- Sub-Institutional Deal Size: $5-$25 million
- 1980’s vintage or newer, Class B
- No metal, concrete tilt or masonry
- Multi-Tenant with WALT of 2-4.5 years
- Dock-high and grade-level loading
- Leverage
- •Positive leverage day one
- •50-60% LTV (moderate leverage)
- •5-7 year loan terms
- •Regional Bank, LifeCo or Credit Union
- •Prepayment flexibility (Year 3 or sooner)
- Geography
- •Primary and Secondary MSA’s across the Southwest US (population 2mil+)
- •Southwest focus, preference for major Texas markets & Phoenix
Preferred Metrics
- •ROC 7.50%+ by Year 5
- •Existing Cash Flow + Upside
- •20’+ clear height, 1.5+/1,000 SF parking
- •Excess Land
- Sourcing
- •Brokered and non-broadly marketed
- •Private, non-institutional Sellers
- •Direct Sourced
- •Buyer Broker Finders Fee
Property Types
- •Shallow-bay industrial
- •Flex/R&D
- •Manufacturing / Production
- •Light Distribution / Light Assembly
- •Single-Story Office with conversion potential
- •Low-rise, low coverage office sites with redevelopment potential