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INVESTMENT VEHICLES
The General Investment & Development Companies are experienced in both acquiring
existing flex/industrial properties as well as developing new flex/industrial properties
in targeted metropolitan areas across the United States. Acquired properties typically
contain 25,000 to 75,000 square feet on a single floor and are easily configurable
for a variety of uses, including office, research and development, assembly, showroom,
light manufacturing, distribution and warehouse. The development properties can
be joint ventures with local and regional developers where GID will provide most
of the equity, and the developer will receive preferred returns and a promoted interest
over an agreed upon hurdle rate, or it could be wholly owned development by GID,
such as its developments Southport in Raleigh, NC, and Windsor Business Park in
Richmond, VA.
> More information on the Flex Industrial Division
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