MDH Partners targets industrial value-add acquisitions, with a focus on acquiring assets at discounts to replacement cost.
By doing this MDH can use its extensive asset management experience to create value through investing capital into the assets, repositioning them in the market, and bringing a more aggressive leasing strategy. MDH has acquired properties from many diverse sellers including national REITs, private equity funds, family development companies, and corporate users with excess real estate.
It has pursued deals too small for other institutional investors, such as acquiring a small $3 million single asset from a user off-market, as well as successfully competing on a $220 million multi-city portfolio with a full field of other institutional buyers. The firm also leverages its long-standing relationships to buy deals off-market, like its 3 million square foot portfolio acquisition from a family whose principals were looking to retire.
MDH targets locations near growing population centers, ports, intermodal and rail hubs, and efficient interstate access points, ensuring that its facilities have the locational advantages to thrive as the U.S. industrial market continues to mature.
Because of its experience and institutional investors, MDH completes its due diligence and closes on deals quickly, without a financing contingency. The firm has also developed a reputation over the years for working through difficult diligence issues that may stymie other institutions, and has become a favored firm to which investment sales brokers bring such deals. While the company may not always be the highest bidder on a property, sellers can be assured that MDH will close on it as we say we are going to do. MDH has never failed to close on a building it has placed under contract.