Nearon is a privately held real estate investment company with a successful track record of acquiring, developing, and managing industrial, office, retail, and multi-family properties. We currently manage a diverse 5 million square foot portfolio, of which 3 million square feet is industrial. We have placed our near-term focus on primarily acquiring industrial and multi-family assets, though we are actively exploring the right opportunities for office and retail acquisitions. Although we maintain a local approach to real estate, our acquisition team is capable of completing complex transactions with sophisticated investors. More specific criteria is included below.
Industrial – Warehouse: 100,000 – 400,000 SF
Industrial – Mfg./R&D: 100,000 – 250,000 SF
Office: 50,000 – 200,000 SF
Multifamily: 75 – 300 Units
$10MM - $40MM
With a few exceptions, the majority of our portfolio is comprised of assets located in Northern California, Southern California, and the Salt Lake metropolitan area. At this time, we are most aggressively pursuing opportunities in our current active geographies; specifically, the submarkets listed below. We are also interested in developing a larger footprint in geographies like the Denver and Phoenix metropolitan area, and will explore opportunities in new markets like Seattle and Portland.
Current Active Geographies
Northern California: Bay Area, Sacramento, Central Valley
Southern California: LA, OC, Ventura, SD, IE
Utah: Salt Lake and Utah Counties
Colorado: Denver and Colorado Springs
Additional Areas of Interest
Seattle: Metropolitan area
Portland: Metropolitan area