Founded in 1994, Equity Industrial Partners (EIP) is a privately held, vertically-integrated developer and operator of industrial real estate across the United States. The founding principals have been active in industrial real estate since the early 1970’s and created EIP to leverage the synergy of their collective experience and expertise to acquire, redevelop and re-tenant existing, second-generation warehouse/distribution facilities and office buildings throughout the United States.
Since its formation, EIP has acquired, developed and sold over 100 million square feet of real estate, including 26 acquisitions totaling over 8.1 million square feet since 2011. The firm’s success is due to a comprehensive understanding of local markets, the exceptional domain expertise of their senior leadership, and proven an aptitude for identifying and capitalizing on unique opportunities, including surplus corporate real estate and other “off-market” transactions.
The company has strong tenant relationships with such major companies as Raytheon, Home Depot, Coca-Cola, Staples, CVS, Rite-Aid, and Amazon. The firm has borrowing relationships with Brookline Bank, Boston Private Bank, East Boston Savings Bank and other commercial banks, as well as life insurance companies and CMBS lenders including J.P. Morgan and Cantor Commercial Real Estate. EIP’s investor relationships range from high-net-worth individuals to major institutions such as UBS and Clarion.
EIP entities are privately-syndicated single-purpose entities with a small number of investors. Through these entities, EIP currently owns and operates 63 properties in 19 states, totaling over 18.4 million square feet with over 140 tenants. The firm also manages over 1.2 million square feet for select third-party clients, bring the total under management to over 19.6 million square feet.
As a fully-integrated industrial real estate company, the firm offers a complete menu of leasing, property, facilities, and construction management services, provided by a multidisciplined, geographically-distributed professional staff. These capabilities enable EIP to add value by assuring tenant satisfaction, optimizing investor returns and facilitating new transaction opportunities.