ABOUT SHEAR PROPERTY GROUP

Shear Property Group owns 35 buildings, totaling over 2.35 million square feet of industrial real estate in Central Indiana and is continuing to expand their presence throughout the state and the country. Shear Property Group has created an expectation of asset stabilization, exceptional tenant customer service and top of the line property and asset management services.  Shear is a well capitalized and stable investor of industrial real estate.

LEADERSHIP

President | CEO

GERRY SHEAR

Gerry founded the Shear Property Group (“Shear”) in 2008 to take advantage of opportunities being presented during the economic downturn.  Gerry’s industrial real estate history goes back to his role as a real estate manager for a privately held firm that invested directly into railroad real estate assets, industrial properties from the resolution trust corporation, and the defense base closure & realignment. Thereafter, he was the managing partner for the real estate group of the largest privately held 3PL operator in North America. A role he held for over 20 years until the recent sale of the company to a Fortune 100 buyer. Gerry now dedicates his time to growing the asset base of the Shear with active development projects and opportunistic portfolio and land acquisitions.

 

INVESTMENT

CRITERIA

Shear Property Group purchases and develops industrial properties with interest in modern bulk, mid-size distribution, and flex office/warehouse property types.  Targeted existing building acquisitions have a “value add” aspect – driven by high vacancy, anticipated near-term vacancy or offer a strong yield opportunity.   Additionally, Shear  will purchase land for new speculative or build-to-suit development.  Shear operates only as a principal, is well capitalized, has immediately available funds, and can close on a transaction quickly. 

  • Deal Size:  $5 million - $100 million

  • Minimum Building Size:  100,000 SF 

  • Land Size:  Minimum 20 acres 

 

TARGET

MARKETS

  • Indianapolis, Indiana
    – primary market

  • Cincinnati, Ohio

  • Columbus, Ohio

  • Las Vegas, Nevada

  • Louisville, Kentucky

  • Nashville, Tennessee

  • Pennsylvania - central region 

  • Pittsburgh, Pennsylvania

  • Salt Lake City, Utah