Grant Reaves seems deeply amused by the tenants drawn to his firm's properties. Chicken processing giant Tyson Foods leased one of their units and turned it into a food safety lab. A couple of women, with no megacorp behind them, rent another unit and use it to store, photograph, and package clothes for their e-commerce boutique. The ICEE Company, makers of famed frozen, carbonated convenience store treats, use multiple units across Stoic Equity Partners' buildings. So does Terminix, the famous pest control business.
The Stoic of Flex Industrial
Grant Reaves had a plan: Stop selling hotels as a broker. Start buying them instead. Rapidly build a hospitality portfolio in the southeast. Instead, he landed in the hidden world of "flex industrial" - and grew to $170M assets in a few years.