Forager maintains precision focus on industrial real estate by targeting well-located land development and value-add investment opportunities
Forager is a highly specialized private equity real estate developer, investor, operator, and manager of industrial assets in Canada and the United States
Well-located sites in land constrained markets.
High-quality, zoned infill development and redevelopment sites.
Experience and expertise from start to finish.
High-growth markets with barriers to new supply.
Mismanaged shallow-bay industrial at below replacement cost.
Repositioning through in-house asset management and operational capabilities.
Well-located sites in land constrained markets.
High-growth markets with barriers to new supply
High-quality, zoned infill development and redevelopment sites.
Experience and expertise from start to finish.
Exits
anticipated by year end 2025
WAVG IRR
of projects to be exited; net of performance fees
Gross Project Value
Based on realized and underwritten gross exit value of all Forager projects since inception, in USD $; All funds audited annually
Forager takes an opportunistic, hands-on approach to industrial investment and development, combining proactive management with a partner-first mindset. With in-house expertise and flexible strategies, we unlock value through thoughtful execution, prioritizing capital preservation while delivering high-return, bespoke business plans.
Value-add investment and ground-up industrial development opportunities
In-house investment, development, and asset management
Prudent decision making driven by a ‘partner-first’ mentality
Freedom to implement a range of bespoke, high-value business plans
Forager is developing a 180,000 SF Class ‘A’ flex campus with premium small bay units for light industrial and commercial users. A portion will feature luxury recreational condo warehouses for secure, storm-rated storage. While significant commercial, mixed-use, and infrastructure development projects are planned and ongoing in the vicinity, little attention has been paid to developing small format Class ‘A’, commercial and industrial space.
High-value infill redevelopment site, in the heart of a prime commercial trade area. Southwell Place comprises 29 flex-commercial and industrial condominium units ranging from 1,000 to 5,000 square feet. Built to Toronto Green Standard.
Forager acquired a 6.5-acre industrial site in high-demand northeast Toronto, secured all approvals, and developed a 145,000 square foot, class ‘A’, multi-occupant urban warehousing and logistics facility. Designed for a diverse array of industrial users, each unit features dedicated semi-trailer and drive-in loading. The project was built to Toronto Green Standards.
Conor has over 15 years of experience on the principal side of the commercial real estate business having worked with several notable developers, asset managers and private equity investors. Over the course of his career, he has had senior-level involvement in the origination, underwriting and asset management of several billion dollars of real property—including core, value-add and development projects—across all major property classes. He has cultivated extensive relationships across key facets of the industry including debt and equity capital markets, and brokerage. Conor holds a Bachelor’s degree from McGill University in Montreal, Quebec.
Ian is responsible for the origination and financial underwriting of investment opportunities, corporate operations, portfolio management, and capital raising. Prior to joining Forager, he held positions at global asset managers and pension funds, specializing in the investment, development, and asset management of real estate and infrastructure across all asset classes. Ian earned a dual undergraduate degree from Western University in London, Ontario, completing an Honours Business Administration (HBA) at the Ivey Business School and an Honours Specialization in Urban Development.
Canada
52 Scarsdale Road
Suite 200, Southwell Place
Toronto, Ontario M3B 2R7
United States
4850 Tamiami Trail N
Suite 301
Naples, Florida 34103
