Cobalt Ridge Partners
Sonoran Industrial Portfolio
OpenRule 506(c)Accredited investorsSingle asset (LLC)
Real estate
Summary
Acquisition of four shallow-bay industrial buildings totaling 412,000 sq ft in Phoenix's West Valley, 91% leased, with in-place rents 18% below market.
Highlights
- Mark-to-market rent upside on 40% of leases rolling in 36 months
- Fixed-rate debt at 55% LTV
- Sponsor co-investing 10% of equity
Key terms
| Offering type | Rule 506(c), Regulation D |
|---|---|
| Structure | Single asset (LLC) |
| Target return | 16% target IRR |
| Minimum investment | $100K |
| Raise size | $18M |
| Term | 5 to 7 yrs |
| Distributions | Quarterly |
| Final close | Dec 30, 2026 |
| Acquisition fee | 1.0% |
| Asset management fee | 1.5% of equity |
| Promote | 20% over 8% pref, 30% over 15% IRR |
| Target equity multiple | 1.9x |
Risks
Private placements are illiquid, speculative, and may lose some or all of the capital invested. Targets are not guarantees. Read the Private Placement Memorandum in the data room before investing.