Industrial Resource Properties
Terrain is acquiring Industrial resource properties [IRP’s] which are the land assets that are critical to the uses of the real economy: distribution, transportation, logistics, energy, construction, commodities, equipment, waste and environmental services. These uses need entitled, permitted, paved, and remediated land as much or more than they require actual buildings.
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Acquisition Criteria
5 AC and above
FAR less than .25
Zoning, paving, curb cuts, all in place
Single-tenant, multi-tenant, portfolios
Value add and remediation properties are welcomed