Net-leased industrial. Location-driven. Built to hold.
We acquire net-leased industrial assets across the Colorado Front Range — sized opportunistically, selected on location, structured for long-duration cash flow with minimal operational drag. Same underwriting discipline as our multifamily book. Long-term ownership.
Get Our Updates →Different mechanics than multifamily. Same approach.
Industrial doesn't behave like multifamily — and that's the point. Long leases, expense pass-throughs, and structural demand drivers create durable cash flow that complements value-add MF in the portfolio.
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Structural Demand Drivers
E-commerce last-mile, onshoring of manufacturing, and the rebuild of domestic supply chains have raised the floor under industrial demand. The Front Range sits on the I-25, I-70, and I-76 corridors with DIA as the Mountain West's logistics gateway.
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Long Leases, CPI Escalators
NNN industrial typically lease for 5–15 years with built-in annual escalators. Tenants pay taxes, insurance, and maintenance. The result: predictable, inflation-protected cash flow with a fraction of the operational complexity of multifamily.
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Location Is the Asset
Industrial value is overwhelmingly a function of location — proximity to interstates, the airport, population centers, and labor pools. A B-class building in an A-location outperforms an A-class building in a B-location. We select on that hierarchy.
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Portfolio Counterweight
Industrial NNN smooths the operating intensity of our multifamily book. Where MF requires daily asset management to capture upside, industrial generates passive yield with minimal capex while the active book is being executed.
A Front Range that's growing into its logistics role.
Corridor Geography
Denver is the population, jobs, and consumption center of the Mountain West. The I-25 / I-70 / I-76 interchange is where east-west and north-south freight flows meet — and where 3PLs, regional distributors, and last-mile operators concentrate facilities.
Constrained Supply
Industrial entitlements along the Front Range are increasingly difficult — adjacent residential pressure, infrastructure cost, and limited land near demand centers. Newer product clusters in fewer submarkets, supporting rents on existing assets in proven locations.
Tenant Stickiness
Industrial tenants relocate slowly. Specialized buildouts, lane economics, and customer proximity create real switching costs. Well-located assets with reasonable rent re-trade tenants at renewal far more often than they go dark.
Active pipeline. No closed deals yet.
Westhill & Hines is building its industrial book. We have no closed industrial transactions to date, and we won't claim otherwise. We are actively cultivating broker relationships, screening NNN deal flow across the Front Range, and building toward the first acquisition. Investors on our distribution list will see industrial opportunities at the same time we do.