Direct:Acquire stabilized or lease-up assets in the low-7 percent vacancy sub-market via separate account to capture mark-to-market rent growth as supply remains constrained through 2026.

Direct:Acquire a single stabilized distribution facility or smaller multi-tenant flex property via separate account to lock in today's softer pricing and control repositioning or re-tenanting as absorption momentum builds.

Direct:Acquire a vacant or under-leased modern industrial asset in South Bay or Commerce-Vernon through a separate account, allowing full control over TI budgets, lease structures, and exit timing as port volumes stabilize and vacancy compresses.

Direct:Consider direct acquisitions of well-located, smaller-format industrial assets in Oakland's urban core, where absorption has been positive, for greater control and customization.

Direct:Target single-tenant manufacturing assets below replacement cost in core Orange County submarkets with 50,000+ SF footprints demanded by tenants.

Direct:Establish a dedicated Southern California venture portfolio through separate accounts with local university tech transfer offices.

Direct:Only consider direct ownership if you have specialized healthcare operating expertise or can bring hospital-system partnerships to underwrite tenant demand.