Carey Street

18,000 sq ft Industrial build to suit

Carey Street is an 18,000 sq ft build to suit development project for HERC Rentals, Inc. in Ft. Worth, TX. Through tenant relationships and national partners, this project is a tenant-driven joint venture development with Dallas, TX based Mohr Capital (www.mohrcap.com) and marks South Real Estate Group's first development project outside of Florida. This project also marked our first industrial development and expands our abilities across retail, industrial and medical developments.

After taking the project full-cycle, South Real Estate Group provided the investor with a 7% return on their debt investment and a 39% return on their equity investment.