Fund Name | AllTrades Industrial Parks |
---|---|
Fund Manager or Organizer(s) | Leslie Wulf |
Fund Size | $7,180,541 |
Fund-Related Website | alltradesindustrial.com |
Investment Focus |
Commercial Real Estate, Small Business Development
|
Geographic Focus |
Texas
|
Additional Fund Details | AllTrades Industrial Parks develops light industrial condo units for the construction trade and service companies. As AllTrades is developing several locations around the Dallas / Fort Worth area, they have one location that is in an Opportunity Zone. This facility, located on a highly-visible highway with 141,000 traffic count daily, will have 60 light industrial condo units that will be leased upon completion. |
Organization Details | Opportunity Zone Project Equity Investment – $7,180,541 |
Fund Contact | |
Name | Leslie Wulf |
Job Title | Partner |
Phone | (214) 679-5263 |
les.wulf@symfoniaventures.com | |
Additional Comments | Construction and related services in the real estate industry, (commercial, residential, remodeling and maintenance), accounts for 15%-18% of U.S. GDP. In addition, from 2016 to 2017 the total value of construction spending ($1.22 trillion) was 1.6 times greater than the year’s annual GDP growth in dollar value, underscoring that growth in the construction sector outpaces growth in the overall economy(1). Also, It is much more recession-proof than most other industries as new construction slows, remodeling increases. Consequently, Alltrades target market is attractive in size, stability and growth |