Level 1 Sponsor
“Providing Healthy Real Estate Alternatives for Food Users Everywhere”
Provender Partners is a specialized real estate investor / operator, experienced in Food Related Industrial Buildings (FRIB), food user demand patterns, food processing and refrigeration systems.
In 2014, we formed a partnership with Apollo Global Real Estate and have been capitalized with $250+ OF EQUITY CAPITAL. Since 2014, we have acquired twelve properties totaling approximately $400 MILLION of cost and four and a half million square feet.
We have assembled extensive information on the food space nationally and often access this database to assist appraisers in supporting values that benefit us and our partners. Our entrepreneurial spirit, targeted approach and 50 YEARS of collective commercial real estate experience allows us to react quickly to opportunities.
ANNOUNCING OUR NEWEST FUND: “FOOD USER BUILD-TO-SUIT”
In addition to the “Acquisition Criteria” listed below. We are please to announce the launch of our newest fund – Food User Build-to-Suit, which is designed for users who prefer to use capital to grow their business as opposed to investing in real estate whether that be owning, expanding or upgrading facilities.
Our strongest differentiator is that we assign value to “specialized” food improvements, where others penalize them. As a result, we are more competitive in the amount of the improvements we are willing to finance.
The fund will build buildings-to-suit (BTS) and lease back to the tenant. A focus of the BTS program is middle market food manufacturing companies. Our experience on the front end of the “food revolution” with meal kits and other “new” food companies uniquely qualifies us to underwrite and finance these companies and their real estate.
Provender Partners is the only operator that is 100% dedicated to food. We are comfortable with vacancy, major renovations, and development. We believe the only way to be successful in the food space niche is to be fully immersed in it. Due to our 100% dedication to the sector, we have developed proprietary processes and procedures that are specific to our product type culminating in an expertise in asset management.
Our specialized expertise in the food space coupled with one of the strongest sources of capital in the industry makes Provender Partners your ideal partner.
Provender Partners is focused on acquiring and operating Food Related Industrial Buildings (FRIB) throughout the United States. The following criterion are what we look for in new investment opportunities:
Targeted Property Types
Food warehouse buildings
Freezer / cooler buildings
Food Processing buildings
Wine storage and / or conditioned warehouse buildings
Preferred Building Attributes
High percentage of freezer, cooler or food processing improvements
Low coverage to allow for higher density uses
Above standard power
Locations in / or servicing major population centers
Access to robust sewer system / floor drains
Short or long term in-place leases
Sale lease backs
Minimum investment $10 million