Business Details
13 Years
experience
Industrial Real Estate Investments for Income & Appreciation
We are a commercial real estate investment firm specializing in multi-tenant industrial properties. Since our founding in 2013, we have acquired and managed over 4.3 million square feet of industrial real estate across seven states. Our executive management team brings more than 160 years of combined experience in acquisitions, operations, and asset management, integrating capital market knowledge with on-the-ground expertise to deliver value for investors and tenants alike. We focus on high-growth markets, targeting properties significantly below replacement cost to unlock value-add opportunities while maintaining a diversified tenant base. Our disciplined five-pillar strategy emphasizes dynamic market selection, strategic acquisitions, tenant diversification, effective property management, and opportunistic sales.By addressing deferred maintenance, enhancing property appeal, and leveraging short-term leases, we optimize income and capital appreciation. Our track record includes 24 full-cycle investments with a weighted internal rate of return of 21.88% and $700 million in total transactions. We prioritize transparent communication, risk reduction, and tax-efficient structures to build enduring wealth for investors. Our mission remains to be the preeminent industrial real estate partner by attracting inspired employees, thriving tenants, and discerning investors.
Services
Multi-Tenant Industrial Investments
Property Acquisition
Asset Management
Value-Add Repositioning
Portfolio Sales
Details
- Year established: 2013
Highlights and features
- We deliver 8.25% average annual cash distributions to investors since 2013
- We mitigate risk by securing properties below replacement cost in thriving markets
- Our team has executed over $12 billion in real estate transactions across sectors
- We maintain a diversified tenant base with no single tenant exceeding 20% occupancy
- We optimize returns through strategic property repositioning and responsive management
What people say
Fantastic returns
Excellent communication
Over delivered
Strong retention
Consistently exceeded expectations
Services
Multi-Tenant Industrial Investments
We specialize in multi-tenant industrial properties, targeting diversified tenant bases and value-add opportunities. Our strategy focuses on acquiring properties below replacement cost in high-growth markets with strong economic fundamentals. Through strategic improvements and responsive management, we optimize both current income and long-term capital appreciation for investors.
Property Acquisition
Our acquisitions team evaluates numerous opportunities nationwide, selecting only the highest-quality industrial properties. We prioritize assets with value-add potential through repositioning, deferred maintenance, or office-heavy space conversion to meet evolving market demands for flexible warehouse space.
Asset Management
We actively manage properties to enhance value through targeted improvements and responsive tenant services. Our approach includes addressing capital deficiencies, improving aesthetics, and maintaining high tenant satisfaction through tailored solutions and flexible leasing strategies.
Value-Add Repositioning
We transform underperforming industrial parks by reconfiguring inefficient office spaces, addressing maintenance needs, and improving property aesthetics. These strategic interventions increase occupancy rates, boost rental income, and enhance overall market positioning for optimal exit potential.
Portfolio Sales
We monitor market conditions to identify optimal exit opportunities for individual assets or portfolios. Strategic sales maximize returns through timely execution while maintaining flexibility to adapt to changing market dynamics and institutional buyer preferences.
People
Dan Culler
Chief Executive Officer
Dan Culler leads Avistone's strategic vision with extensive experience in industrial real estate acquisitions and asset management. His leadership drives the firm's disciplined approach to value creation through property repositioning and operational excellence.
Richard Kent
President
Richard Kent oversees Avistone's investment strategy with a proven track record in real estate equity investments and debt placements. His expertise spans multiple property sectors, guiding the firm's market selection and capital deployment decisions.
Brett McPherson
VP of Acquisitions
Brett McPherson evaluates and executes property acquisitions, leveraging deep industry connections to identify undervalued assets. His focus on high-potential industrial markets strengthens Avistone's diversified portfolio strategy.
Manal Bisbis
VP of Asset Management
Manal Bisbis directs asset management operations, optimizing property performance through strategic improvements and tenant retention initiatives. Her expertise in property repositioning enhances value across Avistone's industrial portfolio.
David Sheets
VP of Investor Relations
David Sheets manages investor relationships with a focus on transparent communication and client satisfaction. He ensures investors receive timely updates and detailed performance reports across all investment offerings.
Questions
What types of industrial properties does Avistone specialize in?
We focus on multi-tenant industrial parks with flexible warehouse and office spaces, typically ranging from 80,000 to 500,000 square feet across high-growth markets.
How does Avistone mitigate investment risks?
We reduce risk through below replacement cost acquisitions, diversified tenant bases (no single tenant over 20%), and properties in markets with strong economic fundamentals.
What are Avistone's historical investor returns?
Since 2013, we've delivered 8.25% average annual cash distributions, 21.88% weighted internal rate of return, and 165.2% weighted return of capital across completed investments.
How does Avistone add value to properties?
We implement value-add strategies including reconfiguring inefficient office spaces, addressing deferred maintenance, improving property aesthetics, and enhancing tenant retention programs.
Which geographic markets does Avistone target?
We focus on industrial properties in California, Florida, Georgia, Michigan, Ohio, Oklahoma, and Texas where we identify strong job growth and industrial demand.
What is Avistone's exit strategy?
We monitor market conditions to determine optimal timing for individual or portfolio sales, typically holding assets 3-5 years to maximize investor returns.
Reviews (2)
Eze George
Oct 15, 2021
Report
I was so lucky meeting an expert account manager like mrs victoria crypto She is so reliable, trustworthy and very honest. I was so scared of investing on bitcoin because I have heard a lot about scammers but I just had to try with mrs victoria crypto because I wasn't stable financially and today I have realize how interesting it is to be stable… financially with the help of bitcon who is always there for the traders and I want to thank you for your help and love you showed me, now you have made my life so beautiful you're the best manager I can recommend everyone to work with, thank you
Bamidele Adenowo
Oct 12, 2021
Report
No one I repeat it again no one will convince me to invest with any manager accept victoria crypto for the past years I have been into crypto currency exchange she's the best among more reliable, so smart, she as confidence in her job she make me earn high profit with just $700 I make a profit of $6200 per week what else can I say I'm very… greatfull ma, for this I can recommend you to any one who want to be successful in future and in life hurry up and start earning big profit with Mrs victoria crypto.....you can reach her via WhatsApp: +13153028202 Email: victoriacrypto062@gmail
