Commercial Transactions & Capital Mandate
A 15-year institutional track record spanning selected commercial leases and renewals, defense contractor facilities, corporate sale-leasebacks, and programmatic capital advisory.
Current Investment Mandate & Criteria
Focusing on commercial and industrial assets where mission-critical infrastructure, defense security zoning, or operational alignment insulate downside risk, alongside opportunities for NOI expansion through eliminating gross leases and OpEx optimization.
Direct asset acquisitions or programmatic investment tranches.
Single-tenant net lease, advanced manufacturing, defense logistics, and credit-anchored retail centers.
Absolute NNN corporate sale-leasebacks, value-add gross-to-NNN conversions, and long-term escalations.
Midwest industrial core; selective Southeast growth markets and technology corridors.
High-bay warehouse, heavy substation power, crane infrastructure, and defense/DoD compliance zoning.
Assets essential to tenant operations, insulating cashflows and maximizing lease renewal certainty.
Selected Transaction Deep-Dives
Exemplifying complex multi-market acquisitions, defense contractor facilities, and value optimization.
Class-A Defense Contractor Facility
Port Orange, Florida • 116,648 SF • By Light
Orchestrated the strategic acquisition of a 116,648 SF advanced manufacturing and distribution facility in Port Orange, Florida. Structured and executed the transaction with occupant By Light Professional IT Services on behalf of international investors, expanding institutional industrial holdings into the dynamic Southeast market.
- Navigated strict ITAR (International Traffic in Arms Regulations) and federal defense security specifications.
- Conducted comprehensive physical due diligence, power infrastructure audits, and environmental site assessments.
- Announced publicly on May 30, 2024 as a pivotal Southeast expansion milestone for ME Commercial.
| Facility Gross Area | 116,648 SF |
| Location | Port Orange, Volusia County, FL |
| Primary Occupant | By Light (Defense Contractor) |
| Role | Acquisition Lead & Operations Executive |
Incodema3D Aerospace Manufacturing Site
Freeville, New York • 60,000 SF • Near Cornell University
Structured and closed the multi-million dollar corporate sale-leaseback for the 60,000 SF advanced manufacturing facility occupied by Incodema3D in Freeville, New York (near Cornell University) on behalf of international investors, unlocking vital expansion capital for advanced metal additive manufacturing machinery serving tier-1 aerospace customers.
- Structured long-term NNN leaseback with built-in escalation, securing predictable cashflow while leaving tenant capital unencumbered.
- Unlocked expansion liquidity allowing the company to purchase additional direct-metal laser sintering printers.
- Featured in Metal AM Magazine (October 4, 2024): "Incodema3D raises funds for expansion through multi-million dollar facility sale-leaseback deal."
| Facility Gross Area | 60,000 SF |
| Transaction Type | Corporate Sale-Leaseback (NNN) |
| Facility Location | Freeville, NY (Near Cornell University) |
| Publication Feature | Metal AM Magazine (Oct 2024) |
| Role | Brokerage & Lease Structuring Lead |
$85MM+ National Commercial Portfolio
National Retail & Office Assets • Landlord-Rep Lead
Led an internal landlord-representation group of three managing transactions across a national portfolio valued over $85,000,000, reversing chronic cashflow leaks and aligning parties to the transaction.
- Achieved an approximate 23% average increase in Portfolio NOI by optimizing operating expenses and systematically eliminating gross retail leases in favor of standardized NNN leases.
- Streamlined commercial lease drafting and trained junior team members on complex lease negotiation dynamics.
- Resolved complex commercial lease disputes, prioritizing party alignment to drive long-term retention and stabilize assets.
| Portfolio Valuation | $85,000,000+ |
| Performance Metric | ~23% Average Portfolio NOI Lift |
| Core Strategy | Eliminating Gross Retail Leases & OpEx Control |
| Role | Director of Brokerage & Team Lead |
Portfolio Capital Improvements & Historic Conversions
Regional Portfolios • Primary Downtown Columbus Focus ($20MM–$50MM AUM)
Directed and contributed toward the aggregate completion of $10MM+ in capital expenditure projects across regional commercial, retail, and residential portfolios, with deep specialization in the tax-incentivized historical conversion of downtown Columbus office and manufacturing buildings into high-yield multifamily lofts alongside ground-up builds.
- Directed multi-million dollar CapEx programs across retail turnarounds, building system modernizations, and adaptive reuse.
- Satiated the acute need for new residential inventory in downtown Columbus through historic warehouse & office conversions.
- Navigated municipal historic tax credits, preservation zoning standards, and architectural variance approvals.
- Standardized vendor bidding, construction milestones, and investor reporting pipelines, maximizing project IRR.
| Total Aggregate CapEx Directed | $10,000,000+ |
| Asset Transformation | Multi-Asset Modernization & Historic Office/Mfg → Multifamily |
| Managed AUM | $20MM – $50MM |
| Role | Regional Operations & Asset Manager |
Representative Commercial Transactions & Corporate Counterparties
A curated selection of representative commercial real estate transactions, corporate lease negotiations, and institutional asset management relationships spanning Fortune 500 retailers, public agencies, regional commercial anchors, financial institutions, and mission-critical facilities.
Representative Commercial Transaction & Counterparty Ledger
68 Selected Records ShownA curated record of selected commercial leases, renewals, corporate contract negotiations, and facility asset management engagements. This ledger represents a selective sampling and is intentionally neither exhaustive nor comprehensive, as additional historical transactions have been omitted or intentionally excluded.
| Company / Counterparty | Transaction & Scope | Sector | Market |
|---|---|---|---|
|
JPMorgan Chase
Investment-grade national financial branch
|
Commercial Asset Management | Financial Services |
OH
Cleveland, OH
|
|
Marc's Grocery
High-volume regional supermarket grocery anchor
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Cleveland, OH
|
|
Foot Locker
Global athletic footwear and apparel retail leader
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Cleveland, OH
|
|
Metro by T-Mobile
Multiple wireless retail storefront locations
|
Commercial Lease & Portfolio Management (Multiple) | Telecommunications & Tech |
OH
Cleveland, OH
|
|
Total Wireless by Verizon
National telecom provider retail facility
|
Commercial Lease / Renewal, Asset Management | Telecommunications & Tech |
OH
Cleveland, OH
|
|
Pizza Hut
National QSR restaurant facility
|
Commercial Asset Management | Food & Hospitality |
OH
Cleveland, OH
|
|
Marco's Pizza
National pizza franchise retail space
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Cleveland, OH
|
|
Rainbow
National apparel chain store
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Cleveland, OH
|
|
PLS Money Services
Consumer financial services storefront
|
Commercial Asset Management | Financial Services |
OH
Cleveland, OH
|
|
Ohio Liquor Agency
State agency retail contract facility
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Cleveland, OH
|
|
Mr. Hero
Beloved Northeast Ohio regional QSR chain
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Cleveland, OH
|
|
Yoshi Hibachi
Full-service Japanese dining restaurant
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Cleveland, OH
|
|
Sherwin-Williams
Fortune 500 industrial coatings retail branch
|
Commercial Lease / Renewal, Asset Management | Industrial, Trade & Retail |
NY
Rochester, NY
|
|
AutoZone Auto Parts
Fortune 500 automotive parts hub retail site
|
Commercial Lease / Renewal, Asset Management | Industrial, Trade & Retail |
NY
Rochester, NY
|
|
KeyBank
Regional commercial banking branch facility
|
Commercial Asset Management | Financial Services |
NY
Rochester, NY
|
|
Dollar General
Fortune 100 essential discount retail chain
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
NY
Rochester, NY
|
|
Canandaigua National Bank
Historic regional commercial bank and wealth advisory
|
Commercial Lease / Renewal, Asset Management | Financial Services |
NY
Rochester, NY
|
|
Subway
Global fast-casual restaurant franchise location
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
NY
Rochester, NY
|
|
Incodema3D
Corporate sale-leaseback for Tier-1 aerospace supplier
|
Sale-Leaseback Structuring, Facility Asset Management | Aerospace & Additive Mfg |
NY
Ithaca, NY
|
|
Agape Physical Therapy
Multi-provider outpatient physical rehabilitation center
|
Commercial Lease / Renewal, Asset Management | Healthcare & Wellness |
NY
Rochester, NY
|
|
Bill Gray's
Iconic Upstate NY regional restaurant & taproom
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
NY
Rochester, NY
|
|
Ferrari Pizza Bar
Popular regional Italian dining destination
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
NY
Rochester, NY
|
|
The Original Steve's Diner
High-traffic community landmark breakfast diner
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
NY
Rochester, NY
|
|
Asia Nation
Authentic Asian cuisine dining venue
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
NY
Rochester, NY
|
|
Washhaus Laundromat
Commercial laundry facility retail tenant
|
Commercial Lease / Renewal, Asset Management | Personal & Commercial Services |
NY
Rochester, NY
|
|
Doctor Electric
Commercial electrical contractor operations office
|
Commercial Lease / Renewal, Asset Management | Trade & Contractor Services |
NY
Rochester, NY
|
|
Faber Builders
Regional residential and commercial construction firm
|
Commercial Lease / Renewal, Asset Management | Trade & Contractor Services |
NY
Rochester, NY
|
|
FedEx
Global logistics provider customer operations center
|
Commercial Lease / Renewal, Asset Management | Logistics & Transportation |
IN
Indianapolis, IN
|
|
CVS Pharmacy
Fortune 10 healthcare and retail pharmacy store
|
Commercial Asset Management | Healthcare & Pharmacy |
IN
Indianapolis, IN
|
|
Dollar Tree
Fortune 150 national value retailer
|
Commercial Asset Management | National & Regional Retail |
IN
Indianapolis, IN
|
|
Heartland Dental
Nation's largest dental support organization practice
|
Commercial Lease / Renewal, Asset Management | Healthcare & Wellness |
IN
Indianapolis, IN
|
|
Papa Johns Pizza
National delivery and takeout restaurant unit
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
IN
Indianapolis, IN
|
|
Financial Center First Credit Union
Regional cooperative financial institution branch
|
Commercial Lease / Renewal, Asset Management | Financial Services |
IN
Indianapolis, IN
|
|
Speck's Pet Supplies
Regional specialty pet retail storefront
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
IN
Indianapolis, IN
|
|
Jazzercise
National fitness franchise studio
|
Commercial Lease / Renewal, Asset Management | Healthcare & Wellness |
IN
Indianapolis, IN
|
|
Pak Mail
Packing, shipping, and business services center
|
Commercial Asset Management | Logistics & Shipping |
IN
Indianapolis, IN
|
|
La Hacienda
Popular regional Mexican restaurant destination
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
IN
Indianapolis, IN
|
|
CVS Pharmacy
Fortune 10 healthcare retail anchor
|
Commercial Asset Management | Healthcare & Pharmacy |
OH
Akron, OH
|
|
Burger King
Global quick-service burger franchise
|
Commercial Asset Management | Food & Hospitality |
OH
Akron, OH
|
|
Dollar Tree
National value retail shopping center anchor
|
Commercial Asset Management | National & Regional Retail |
OH
Akron, OH
|
|
Marc's Grocery
Regional supermarket grocery retail center
|
Commercial Asset Management | National & Regional Retail |
OH
Akron, OH
|
|
H&R Block
National tax preparation & financial services office
|
Commercial Lease / Renewal, Asset Management | Financial Services |
OH
Akron, OH
|
|
Hallmark
National specialty gift & stationery brand
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Akron, OH
|
|
Handel's Ice Cream
Nationally recognized premium ice cream franchise
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Akron, OH
|
|
Once Upon a Child
National specialty retail resale franchise
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Akron, OH
|
|
Subway
Fast-casual sandwich franchise location
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Akron, OH
|
|
Pure Ohio Wellness
State-licensed medical cannabis dispensary
|
Commercial Lease / Renewal, Asset Management | Healthcare & Wellness |
OH
Akron, OH
|
|
Republic Finance
Regional consumer lending branch office
|
Commercial Asset Management | Financial Services |
OH
Akron, OH
|
|
Cost Cutters
National hair salon franchise salon
|
Commercial Lease / Renewal, Asset Management | Personal & Commercial Services |
OH
Akron, OH
|
|
The Kroger Co.
Fortune 25 national grocery supermarket giant
|
Commercial Asset Management | National & Regional Retail |
OH
Cincinnati, OH
|
|
YMCA
Major community health & recreational anchor facility
|
Commercial Asset Management | Community & Wellness Institution |
OH
Cincinnati, OH
|
|
Allstate Insurance
Fortune 100 national insurance regional office
|
Commercial Lease / Renewal, Asset Management | Financial Services |
OH
Cincinnati, OH
|
|
Hi Sushi & Grill
Asian cuisine dining restaurant venue
|
Commercial Asset Management | Food & Hospitality |
OH
Cincinnati, OH
|
|
Leon's Grill
Regional bar & grill dining establishment
|
Commercial Lease / Renewal, Asset Management | Food & Hospitality |
OH
Cincinnati, OH
|
|
State of Ohio
State governmental agency commercial lease renewal & asset management
|
Commercial Lease / Renewal, Asset Management | Government & Institutional |
OH
Columbus, OH
|
|
Dueling Axes
Premier indoor experiential entertainment & lounge concept
|
Commercial Lease / Renewal, Asset Management | Experiential Entertainment & Bar |
OH
Columbus, OH
|
|
Loop Vintage
Curated urban vintage apparel boutique storefront
|
Commercial Lease / Renewal, Asset Management | Boutique & Specialty Retail |
OH
Columbus, OH
|
|
Emma Parker Photography
Professional commercial photography creative studio space
|
Commercial Lease / Renewal, Asset Management | Creative & Commercial Studio |
OH
Columbus, OH
|
|
Laxmi Threading Spa
High-traffic beauty & personal care retail service
|
Commercial Asset Management | Personal & Commercial Services |
OH
Columbus, OH
|
|
By Light Professional IT Services
116,648 SF Class-A defense contractor ITAR manufacturing facility
|
Acquisition Due Diligence, Facility Asset Management | Defense & High-Security ITAR |
FL
Daytona / Port Orange, FL
|
|
Dollar General
Essential discount retail anchor location
|
Commercial Lease / Renewal, Asset Management | National & Regional Retail |
OH
Lima, OH
|
|
Papa Johns Pizza
National delivery and takeout restaurant unit
|
Commercial Asset Management | Food & Hospitality |
OH
Lima, OH
|
|
Mega Replay
Regional consumer electronics & entertainment retail anchor
|
Commercial Asset Management | National & Regional Retail |
OH
Lima, OH
|
|
Walgreens
Fortune 50 national retail pharmacy STNL facility
|
Commercial Asset Management | Healthcare & Pharmacy |
MI
Houghton, MI
|
|
Piggly Wiggly
Full-service regional supermarket and shopping center anchor
|
Commercial Asset Management | Supermarket Grocery Anchor |
WI
Racine, WI
|
|
Citi Trends
National urban fashion and value apparel retail chain
|
Commercial Asset Management | National & Regional Retail |
WI
Racine, WI
|
|
Dollar General
High-volume essential value discount retail facility
|
Commercial Asset Management | National & Regional Retail |
WI
Racine, WI
|
|
Little Caesars
High-traffic national pizza quick-service franchise
|
Commercial Asset Management | Food & Hospitality |
WI
Racine, WI
|
Underwriting & Due Diligence Philosophy
Every acquisition or advisory engagement is approached through a strict downside-protection and party-alignment framework:
1. Party-Aligned ROI
Aligning parties and executing win-win transactions yields the best long-term ROI. Mutual economic alignment generates higher renewal rates and minimizes transaction friction.
2. Physical & Zoned Durability
Targeting mission-critical infrastructure: heavy power substation feeds, high clear heights, crane capacities, defense clearances, and transportation access.
3. Operational Tech Leverage
Deploying automated accounting, lease tracking, and vendor management immediately upon takeover to compress OpEx margins and eliminate gross lease leakage.
Disclaimer: Representative corporate counterparties and brand logos reflect commercial properties where Ben Collier acted in an agency, asset management, lease advisory, or operations capacity. All trademarks and logos are the property of their respective owners and do not constitute an endorsement.