Register for a SMARTCAP account to receive our proprietary, in-depth research and be the first to receive future investment offerings, plus access to your personal investment relations professional. After investment, this account will become the place to receive quarterly statements, property updates, and opportunities to join our shortlist for new investments.
Invest in a diversified portfolio of Seattle Area industrial assets for consistent cash flow, and appreciation. The REIT targets below replacement cost assets in markets with limited supply and growing demand. In addition to acquiring existing assets the REIT will significantly increase the cash-on-cash return as well as share price by building new industrial assets in core markets. The REIT will offer investors liquidity when appreciated assets are sold in future years.
SMARTCAP INDUSTRIAL REIT is designed to deliver stable, passive income and appreciation. The REIT acquires, owns and operates industrial real estate in the fast growing Seattle, Washington coastal market. The REIT operates with a conservative capital structure and focuses on flexible properties in strategic locations. SMARTCAP as the manager is aligned with our shareholders.
The SMARTCAP Opportunity Zone II is now closed to new investment. The fund is now developing 300,000 SF of Class A industrial space in a two-phased development strategy in the Arlington, WA opportunity zone. This is SMARTCAP’s 3rd ground-up industrial complex in Arlington, WA. SMARTCAP’s first 98,000 SF flex-use, industrial building was 100% pre-leased before completion and delivered in May 2019. SMARTCAP’s 2nd industrial complex was delivered in the summer of 2020 and was a majority preleased prior to completion. This third project is targeted to be completed and ready for lease in 2021.
SMARTCAP is a direct real estate investment firm operating in the Puget Sound area, one of the top real estate markets in the world. We minimize investment risk by acquiring assets at value-add pricing. We’ve completed over $235 million in total transactions by maintaining low debt to equity ratios, high operating buffers and ensuring that our property assets are strategically located within the Pacific Northwest for long-term growth and appreciation. Our track record for our entire portfolio is over 23% IRR paid to investors, net of fees and expenses.