CrowdStreet's Latest Real Estate Offering Comes With 15.3% Targeted Return

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

CrowdStreet, a real estate investing platform, is opening a new commercial real estate investment opportunity Thursday for the Development of a 282,190 square foot cross-dock distribution facility in a high-demographic growth submarket of Houston, Texas. 

The investment offering, Pinto Business Park Industrial Development, will help fund the acquisition of 20.3 acres of land in Houston and develop, stabilize and ultimately sell the to-be-constructed cross-dock industrial building.

Industrial real estate is experiencing strong demand due to many factors, including the growth of e-commerce and supply shortages brought on by the COVID-19 pandemic leading to several companies reshoring more of their manufacturing.

Investment Highlights: The project’s location has attracted numerous national corporations to open distribution facilities within a one-mile radius, including an 850,000 square foot Amazon.com, Inc AMZN sort center fulfillment warehouse.

• Minimum Investment: $25,000
• Targeted Investor IRR: 15%
• Targeted Equity Multiple: 1.5x
• Targeted Average Cash Yield: 11.3%
• Targeted Investment Period: 3 years

See also: CrowdStreet Review

Deal Sponsor: The deal is being sponsored by Griffin Partners, a full-service real estate operating company based out of Houston.

Griffin Partners invests in 10 target markets across the sunbelt and has made 47 consecutive profitable investments through the acquisition and development of office, mixed-use and industrial assets.

You can find more details on this opportunity, as well as other crowdfunding offerings on CrowdStreet’s investment platform.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.