Tanara evaluates private real-estate opportunities as part of a diversified investment approach. Private real-estate may offer exposure to tangible assets, local market dynamics, and investment structures that differ from publicly traded securities, including the potential for income through rental or operating cash flows.
Thousand Oaks, CA
Mercatus Partners acquired 2000 Corporate Center in December of 2025. The 105,215 square foot flex industrial building is located in Thousand Oaks, CA and is 100% occupied by two credit tenants on NNN leases: Tesla and Alcatel Lucent (“ALE”). The tenants have 7.6 years of weighted average remaining lease term. The asset was acquired at a discount to replacement cost and will produce strong cash flow over the course of the hold period.
Columbus, OH
250 Business Center Drive is a 29,600 square foot multi tenant industrial building in the Columbus, Ohio market. Built in 1999, the asset was originally configured as eight suites but is now 100% occupied by two tenants. The building features 19-foot clear height with four dock high doors and four drive in doors, and the tenants are paying just over $7 PSF with an average of 2 years remaining on their lease terms. Market rents are $11 to $13 PSF, creating a meaningful mark-to-market opportunity.
Gainseville, GA
2295 Skelton Road is a 22,000 square foot small bay industrial property in Gainesville, Georgia, built in two phases in 2001 and 2004 and located one block off Browns Bridge Road near Lowe’s, Target, and Home Depot. The asset has been owned by the original developer who built it on family land, and it has been under managed for years, evidenced by the appraised value coming in 25% above the purchase price at closing. Recent leases have been executed at $1.00 PSF, in place rent is $0.87 PSF, and market rent is $1.25 PSF, creating meaningful mark-to-market opportunity.
Eugene, OR
995 Tyinn Street is a multi-tenant, small bay industrial property located in Eugene, Oregon, comprising two buildings totaling 36,000 square feet. Originally constructed in 1998. It was initially designed to accommodate thirty 1,200-square-foot units. Today, the property is 100% occupied by eighteen tenants, with suite sizes ranging from 1,200 to 4,800 square feet.
Fort Worth, TX
4414 Southwest is a three-building, 58,400 SF small bay industrial asset in Fort Worth, TX. Positioned off Southwest Boulevard, the property benefits from strong demand for small industrial units in a supply-constrained market. The 49-unit complex, averaging 1,192 SF per unit, will undergo a repositioning by WorkBay, increasing the unit count to 59 and enhancing interiors and exteriors to drive occupancy and rental growth. The business plan also includes adding offices to units that are currently 100% warehouse.
Washington D.C.
Reed Row is a 132-unit multifamily property in the historic Adams Morgan neighborhood of Washington, D.C., which is known for its vibrant arts, entertainment, and culinary scene. Built in 2017 by Kettler, Reed Row benefits from a prime location with a Walk Score of 99 and proximity to the Dupont Metro Station, offering easy access to the entire DC metro area. The neighborhood’s historic charm set it apart from many of the high-supply submarkets within the district.
Omaha, NE
Parkwood Terrace is a 126-unit apartment community built in phases between 1992 and 1995. Located in the heart of Omaha, it’s just minutes away from Whole Foods, Top Golf, Children’s Hospital, and numerous dining, entertainment, and recreational options. The original developer had owned the property since its construction. While it has been well-maintained with minimal deferred maintenance, all interiors remained 100% original, presenting a significant opportunity to drive NOI growth through unit renovations.
Council Bluffs, IA
Mercatus and Parkwest acquired Deer Park in July 2023, located in Council Bluffs, IA. The asset came with assumable fixed-rate debt with six years remaining at 4.11%, presenting an appealing opportunity for a positive yield with a low basis. Simultaneously, a supplemental loan was secured at 7.37%, blending the total interest rate to 4.83%. Our strategy entails renovating all units over three years, alongside minor exterior and common area enhancements, including adding a dog park.
St. Petersburg, FL
Central Plaza is a redevelopment of the Central Plaza Shopping Center in St. Petersburg, FL. The 73,000 SF shopping center will be converted to a 5-story, 300-unit mixed-use community. Central Plaza enjoys a vital location on Central Avenue, one of West Florida’s most vibrant and walkable pedestrian shopping avenues. The project provides easy access to world-class beaches and downtown St. Petersburg, located under 15 minutes away by car or bus.
Real-Estate Disclosure: The investments shown are provided for illustrative purposes only and do not represent a complete or current list of private real-estate investments to which clients may have exposure. Inclusion of any investment does not constitute a recommendation or solicitation to purchase or sell any security. The investments shown were not selected based on performance. Private real-estate investments involve a high degree of risk, may be illiquid, and are available only to investors who meet applicable eligibility and qualification requirements. Past investments are not indicative of future opportunities or results.
Private real-estate investments are typically illiquid and may not be suitable for all investors.
Tanara evaluates private real-estate opportunities and considers how they may fit within a client’s overall investment strategy and financial plan.
