Long Wharf’s investments are based on finding value in underappreciated situations — opportunities we uncover based on our team’s vast network of contacts and partnerships in the industry and unique market insights from years of experience.

Diverse investments. Value is the common denominator.

All Retail Industrial Multifamily Office Other
  • Dexter Hayes Seattle, WA

    Dexter Hayes

    Seattle, WA

    Description

    • 2024 acquisition of a 100% leased, 65-unit boutique multifamily property within Seattle’s Westlake neighborhood
    • Adjacent to affluent residential areas and South Lake Union – a large amenity and employment base for major technology and biotech firms
    • Overlooks Lake Union and offers a rooftop deck and water views

    Opportunity

    • Purchase a Class A property at an attractive basis just above the in-place debt balance
    • Located within a market experiencing strong multifamily fundamentals and limited new supply
    • Install institutional management to roll rents to market
  • Porter Square Galleria Cambridge, MA

    Porter Square Galleria

    Cambridge, MA

    Description

    • 2024 distressed acquisition of a 56,000 square foot retail center in the heart of the Porter Square neighborhood of Cambridge, MA
    • Surrounded by educated and affluent demographics and within an established hub for several prominent academic institutions and life science companies
    • Adjacent to a public transportation station, which provides easy access to Boston and the surrounding suburbs

    Opportunity

    • Invest in a necessity-based retail property with a core profile at a compelling basis
    • Majority of the space is leased to national credit tenants generating strong cash flow
  • Sun City Commerce Center Tampa, FL

    Sun City Commerce Center

    Tampa, FL

    Description

    • 2024 purchase of a 91,000 square foot Class A light industrial building in Tampa, FL
    • Immediate access to I-75 – a key north-south transportation corridor connecting the major coastal markets
    • Partial sale-leaseback with the owner-occupier planning to downsize upon the sale

    Opportunity

    • Invest in a market experiencing significant population growth, creating a favorable supply/demand imbalance
    • Lease-up the vacancy, while also rolling existing tenants to market rents
  • Solomon Austin, TX

    Solomon

    Austin, TX

    Description

    • 2022 investment in the development of a 369-unit multifamily property within three miles of downtown Austin, proximate to The University of Texas, The Domain, Apple’s campus, and Tesla’s Gigafactory
    • Adjacent to the planned 700-acre Mueller development, which will include four million square feet of commercial space, 6,500 single family homes, 14,000 residents, and 140 acres of public green space while attracting 14,000 permanent jobs

    Opportunity

    • Invest in a top performing metro for both population and job growth
    • Deliver a best-in-class community with premium finishes and amenities, including a rooftop pool/sky deck, fitness center, and co-working space
  • Twin City Plaza Boston, MA

    Twin City Plaza

    Boston, MA

    Description

    • 2023 off-market acquisition of a 99% leased, 227,000 square foot grocery-anchored neighborhood retail center outside of Boston in Leominster, MA
    • Located directly off of Route 2 – a highly trafficked throughfare (62,000 VPD) between Boston and its western suburbs
    • Anchored by a high-performing grocer with sales well above the national average

    Opportunity

    • Purchase the center at a significantly above market entry cap due to a non-traditional sale process
    • Install institutional quality management and leasing teams
    • Roll one box tenant to market rent upon their lease maturity
    • Generate a durable cash-on-cash return over our hold period
  • Indianapolis Light Industrial Portfolio Indianapolis, IN

    Indianapolis Light Industrial Portfolio

    Indianapolis, IN

    Description

    • 2021 acquisition of a 96% leased, 1.1 million square foot industrial portfolio encompassing 12 parks and 34 buildings in the Indianapolis, IN metro
    • Primarily located in the northeastern submarket along major transportation routes

    Opportunity

    • Purchase portfolio at a significant discount through a non-traditional sale process
    • Leverage the strong rent and vacancy trends in the market with minimal new supply forecasted
    • Install institutional quality leasing teams and roll the in-place rents to market
    • Capitalize on the strong going-in cash-on-cash return
  • Newark Distribution Center Newark, NJ

    Newark Distribution Center

    Newark, NJ

    Description

    • 2021 recapitalization of an 82% occupied, 804,000 square foot industrial property encompassing three buildings in Newark, NJ
    • Located in a dense industrial pocket with excellent access to the NY/NJ port and major highways

    Opportunity

    • Acquire a highly-functional stabilized industrial asset with a core-plus risk profile
    • Rents in Northern New Jersey have risen significantly over the past five years and the submarket is essentially fully occupied
    • Lease-up vacancy and roll in-place rents to market

    Result

    • Sold 23,000 square foot portion to self-storage operator
    • Leased remaining space, bringing property to 100% occupied
    • Sold the property in 2022
  • Carnegie Point Charlotte, NC

    Carnegie Point

    Charlotte, NC

    Description

    • 2021 off-market acquisition of an 82% leased, 109,000 square foot Class A office building in the SouthPark submarket of Charlotte, NC
    • Six miles south of downtown Charlotte with direct access to high-end amenities – including the top-performing SouthPark Mall – and residential neighborhoods

    Opportunity

    • Purchase high-quality office asset in a sought after supply constrained submarket
    • Acquire at an attractive basis, allowing us to offer rents at a discount to competitive set
    • Lease-up the vacancy and roll the in-place rents to market
  • The Pullman Nashville, TN

    The Pullman

    Nashville, TN

    Description

    • 2022 investment in the development of a 306-unit Class A residential property in downtown Nashville, TN
    • Exceptionally well-located within The Gulch – Nashville’s most upscale and dynamic neighborhood
    • Surrounded by a large amount of new development and a 15-minute walk to the primary nightlife corridor
    • Building will span 28 floors and offer premium finishes and amenities including a roof top pool and sky deck, a fitness center, and co-working space

    Opportunity

    • Deliver a best-in-class property in a top market for population and employment growth
  • Newton Nexus Boston, MA

    Newton Nexus

    Boston, MA

    Description

    • 2022 recapitalization of a fully-leased 143,000 square foot grocery-anchored retail/office center in Newton, MA, an affluent suburb just outside of Boston
    • Located along highly-trafficked retail corridor in densely populated trade area

    Opportunity

    • Acquire high-performing center in market with very tight retail fundamentals
    • Capitalize on strong going-in cash-on-cash return
  • Retreat at Fitzsimons Denver, CO

    Retreat at Fitzsimons

    Denver, CO

    Description

    • 2021 acquisition of a 93% occupied, 256-unit garden-style multifamily community in Aurora, CO
    • Adjacent to the Fitzsimons Medical District – the largest medical campus in Colorado
    • Situated near the intersection of I-70 and I-225, providing immediate access to key employment nodes

    Opportunity

    • Acquire an asset in a submarket experiencing strong job growth due to its proximity to an expanding medical campus
    • Renovate the unit interiors and upgrade the landscaping and common areas to achieve rental growth
  • First Avenue Plaza Denver, CO

    First Avenue Plaza

    Denver, CO

    Description

    • 2022 recapitalization of a 264,000 square foot office property with parking in Denver, CO
    • Within highly desirable Cherry Creek North submarket, which is experiencing strong leasing demand as tenants seek highly amenitized locations
    • 87% leased to a diverse tenant mix

    Opportunity

    • Continue to build on substantial leasing momentum
    • Complete upgrades to the exterior, lobby, and amenities
  • 1150 Schwab San Antonio, TX

    1150 Schwab

    San Antonio, TX

    Description

    • 2019 acquisition of a vacant 382,000 square foot industrial building with three outbuildings totaling 30,000 square feet situated on 40 acres
    • Located 25 miles northwest of downtown San Antonio with access to I-35 – the main thoroughfare between San Antonio and Austin

    Opportunity

    • Lease to a single tenant in a market with limited large blocks of space
    • Discounted acquisition basis provides opportunity to offer space at rents lower than new construction

    Result

    • Leased the entire building to a long-term credit tenant at rents well above our initial underwriting
    • Sold the property in 2021
  • International Drive Value Center Orlando, FL

    International Drive Value Center

    Orlando, FL

    Description

    • 2018 acquisition of a 95% leased, 186,000 square foot value-oriented retail power center in Orlando, FL
    • Located in Orlando's Tourist Corridor - one of the highest performing retail submarkets in the U.S.

    Opportunity

    • Purchase a cash flowing asset in a highly desirable retail submarket
    • Restructure the leases of key tenants and increase the lease term throughout the center
  • The Link Los Angeles, CA

    The Link

    Los Angeles, CA

    Description

    • 2021 acquisition of a 125,000 square foot Class A creative office building in Burbank, CA
    • Located in the heart of the expanding Burbank Media District adjacent to the Warner Brothers and Disney headquarters
    • Building infrastructure is tailored to post-production media tenants prevalent in the submarket

    Opportunity

    • Purchase an office building in an “entertainment hub” experiencing rising demand due to growth in the media and content creation sectors
    • Further enhance the building by implementing a modest capital improvement plan which includes upgrading the building façade and street presence
  • Gateway Logistics Center Dallas, TX

    Gateway Logistics Center

    Dallas, TX

    Description

    • 2019 development of five Class A industrial buildings totaling 1,413,000 square feet on the south side of the Dallas Fort Worth International Airport in Irving, TX
    • Center consists of three cross-dock and two rear-load buildings with 28'-36' clear heights
    • Excellent visibility with great access to the airport, Dallas, and Fort Worth

    Opportunity

    • Due to e-commerce expansion, absorption in the industrial sector continues to outpace supply resulting in low vacancy rates and rent growth
    • Additional demand created by the property's centralized location within the metro and proximity to the airport

    Result

    • Completed construction of all buildings in 2019
    • Signed seven leases bringing the center to 96% leased
    • Sold the property in 2020
  • Townhomes at Mountainview Seattle, WA

    Townhomes at Mountainview

    Seattle, WA

    Description

    • 2019 acquisition of a well-occupied 220-unit multifamily community in Puyallup, WA
    • Located at the intersection of multiple highways and proximate to major employment drivers; 35 miles south of Seattle and 10 miles east of Tacoma
    • Property consists of unique large townhome-style units that provide a single-family feel

    Opportunity

    • Acquire an asset in a submarket undergoing strong rent growth due to the relocations of major economic and employment drivers from Seattle to the southern markets
    • Renovate the unit interiors to achieve rental growth

    Result

    • Experienced strong leasing demand throughout our hold period
    • Completed the build-out of the leasing center and renovated 56 units (25%) to further increase rent growth
    • Sold the property in 2021
  • Peter's Landing Huntington Beach, CA

    Peter's Landing

    Huntington Beach, CA

    Description

    • 2017 off-market acquisition of a 78% leased, 97,000 square foot retail / office complex with direct marina access in the Sunset Beach corridor of Huntington Beach, CA
    • Extensive frontage along the Pacific Coast Highway provides excellent visibility

    Opportunity

    • Invest in a unique waterfront asset in a market with limited vacancy and high barriers to entry
    • Reposition the asset through physical improvements and the addition of dining / entertainment tenants
  • The Hotel at Avalon Atlanta, GA

    The Hotel at Avalon

    Atlanta, GA

    Description

    • 2018 development of a full-service, 330-key Marriott Autograph Collection hotel and 43,000 square foot conference center within the thriving mixed-use Avalon project in Alpharetta, GA

    Opportunity

    • Capitalize on the strong demand for new full-service hotel rooms and meeting space in a high-growth submarket
    • Construct and operate a best-in-class hotel
    • City to act as a financial sponsor of the transaction and provide approximately $25 million of public financing towards the total project cost

    Result

    • In 2020 Long Wharf sold the hotel, but remained a preferred equity investor in the property until 2023 when it was repaid

The investments listed above are representative of the types and quality of properties we have acquired.
A full list of investments is available to qualified investors upon request.

Target Investment Criteria

Property Types:

Industrial, Multifamily, Retail, Office, Hospitality

Gross Property Value:

$15 - 100 million

Investment Strategies:

Lease-Up, Repositioning, Recapitalization, Management Turnaround, Development

Geography:

Primary and Secondary U.S. Markets

Investment Structures:

Equity Joint Ventures, Preferred Equity, Fixed-Rate Mezzanine

Average Hold Period:

3 - 5 Years