A large, essential segment of the industrial market with strong fundamentals and long-term growth potential.
Industrial real estate is often associated with large, single-tenant distribution centers. Shallow bay industrial represents a distinct segment: multi-tenant properties in infill urban markets, designed to serve small and mid-sized businesses.
Shallow bay assets require more active management but offer greater flexibility and tenant diversification.
Multi-tenant
20K-150K SF property size¹
Infill, urban locations
Diverse tenant base
Very limited new supply
±3-year average lease term
Single or few tenants
300K+ SF property size
Outskirts / logistics hubs
Concentrated tenant exposure
Higher new supply
±5-year average lease term
¹ Speed Bay’s target property size is 100k-250k SF.
#1
² CoStar. As of December 31, 2025.
Supply Constraints
Diverse Demand
Shorter Leases
Operational Opportunity
Powering local supply chain businesses that rely on proximity to customers, labor, and transportation.
Diversified tenant demand, shorter lease durations, and active management have historically supported resilient occupancy and rent performance.