Skip to main content
Direct Investment Profile

Current Investment Mandate & Criteria

Submit a Deal Candidate →

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.

Target Transaction Size
$5,000,000 – $15,000,000

Direct asset acquisitions or programmatic investment tranches.

Target Asset Classes
STNL Industrial, Defense & Retail

Single-tenant net lease, advanced manufacturing, defense logistics, and credit-anchored retail centers.

Lease & Yield Structure
NNN, Sale-Leasebacks & Value-Add

Absolute NNN corporate sale-leasebacks, value-add gross-to-NNN conversions, and long-term escalations.

Geographic Target
Central Ohio Primary & National

Midwest industrial core; selective Southeast growth markets and technology corridors.

Infrastructure & Zoning
Heavy Power, ITAR & Logistics

High-bay warehouse, heavy substation power, crane infrastructure, and defense/DoD compliance zoning.

Downside Protection
Mission-Critical Tenancy

Assets essential to tenant operations, insulating cashflows and maximizing lease renewal certainty.

Case Studies

Selected Transaction Deep-Dives

Exemplifying complex multi-market acquisitions, defense contractor facilities, and value optimization.

Defense ITAR Industrial Acquisition

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 Area116,648 SF
LocationPort Orange, Volusia County, FL
Primary OccupantBy Light (Defense Contractor)
RoleAcquisition Lead & Operations Executive
Zoning & Compliance
ITAR-Compliant Advanced Mfg • DoD Perimeter Security
Power & Utilities
Heavy Industrial Power Infrastructure • Redundant Generator Capacity
Physical Infrastructure
ESFR Fire Suppression • High-Bay Distribution • Multi-Dock Loading
Strategic Thesis
Long-term mission-critical facility supporting federal defense contracts
Aerospace 3D Corporate Sale-Leaseback

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 Area60,000 SF
Transaction TypeCorporate Sale-Leaseback (NNN)
Facility LocationFreeville, NY (Near Cornell University)
Publication FeatureMetal AM Magazine (Oct 2024)
RoleBrokerage & Lease Structuring Lead
Transaction Structure
Long-Term Absolute NNN Corporate Sale-Leaseback
Capital Purpose
Unlocked liquidity to acquire direct-metal laser sintering AM printers
Client Market
Tier-1 Aerospace & Defense Additive Manufacturing Components
Escalation & Yield
Annual CPI compounding escalators protecting real cashflow yield
+23% Avg NOI Lift Portfolio Turnaround

$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 StrategyEliminating Gross Retail Leases & OpEx Control
RoleDirector of Brokerage & Team Lead
Portfolio Scale
$85MM+ Nationwide Commercial Roster across 6+ States
Lease Conversion
Eliminated gross leases; converted to standard triple-net (NNN)
Expense Control
Rigorous CAM audit reconciliation & property tax appeals
Retention Impact
Zero tenant litigation; 90%+ renewal rate across retail anchors
$10MM+ Aggregate CapEx Multi-Asset & Historic

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 TransformationMulti-Asset Modernization & Historic Office/Mfg → Multifamily
Managed AUM$20MM – $50MM
RoleRegional Operations & Asset Manager
Adaptive Reuse Focus
Historic downtown Columbus industrial/office to loft residential
Tax Credit Structuring
Federal & State Historic Tax Credit (HTC) syndication compliance
Infrastructure Modernization
HVAC split systems, heavy utility trenching, fire safety retrofits
Economic Outcome
100% stabilization within 90 days of conversion sign-off
Selected Track Record & Counterparty Roster

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.

JPMorgan Chase
JPMorgan Chase
Financial Services
The Kroger Co.
The Kroger Co.
Supermarket Anchor
FedEx
FedEx
Logistics & Shipping
CVS Pharmacy
CVS Pharmacy
Healthcare & Retail
Walgreens
Walgreens
Healthcare & Retail
Sherwin-Williams
Sherwin-Williams
Industrial Coatings
AutoZone
AutoZone
Automotive Retail
Foot Locker
Foot Locker
National Retail
KeyBank
KeyBank
Commercial Banking
Dollar General
Dollar General
Essential Retail
Dollar Tree
Dollar Tree
Value Retail Anchor
Piggly Wiggly
Piggly Wiggly
Supermarket Grocery Anchor
Citi Trends
Citi Trends
National Retail
Little Caesars
Little Caesars
National QSR Chain
Subway
Subway
Global QSR Chain
Burger King
Burger King
Global QSR Chain
Pizza Hut
Pizza Hut
National QSR Chain
Papa Johns
Papa Johns
National Food Chain
Marco's Pizza
Marco's Pizza
National Pizza Chain
Metro by T-Mobile
Metro by T-Mobile
Telecommunications
Total Wireless (Verizon)
Total Wireless (Verizon)
Telecommunications
Allstate Insurance
Allstate Insurance
Financial & Insurance
YMCA
YMCA
Community Anchor
Heartland Dental
Heartland Dental
Healthcare Practice
Hallmark
Hallmark
Specialty Retail
By Light
By Light
ITAR Defense Facility
Incodema3D
Incodema3D
Aerospace Additive Mfg
State of Ohio
State of Ohio
Government & Institutional

Representative Commercial Transaction & Counterparty Ledger

68 Selected Records Shown

A 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
Showing 1–10 of 68 selected transactions

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.