Company Information
Taking Pride, Giving Service.
VLIETCO’s Industrial Group focuses on single and multi-tenant light industrial leasing, sales and property management. Privately owned and operated, VLIETCO is committed to a “build and hold” philosophy. Because we are “in for the long term”, facility maintenance and tenant services are of paramount importance to us, the owner. Response is fast. Bureaucratic red tape is non-existent. All of our properties are in prime industrial locations, featuring convenient access to major business centers, multiple freeways and rail as well as regional and international airports.
All leases are competitive, with no hidden costs. Low vacancy rates and a strong record for tenant retention are the hallmarks of and the reason for the success that is VLIETCO Properties.
OUR CORE VALUES
Exclusively Focused on Industrial – VLIETCO’s Industrial Group is focused exclusively on industrial real estate, an asset class we feel competes favorably against other asset types over the long-term pursuit of favorable risk-adjusted returns. The income generated by industrial real estate in VLIETCO Industrial Group target markets tend to be relatively stable and predictable overtime. VLIETCO industrial group targets large, supply constrained, fragmented markets with substantial barriers of entry due to scarcity of developable land and the costs associated with building new ground up developments.
Conservative, Entrepreneurial Philosophy – VLIETCO Industrial Group adheres to conservative underwriting and acquisition philosophy, driven by a focus on:
– Acquisitions of well-located properties purchased at or below replacement costs;
– Supply constrained markets; and
– Opportunities to increase the cash flow generating capability of the real estate.
Doing Good While Doing Well – VLIETCO believes that community development is essential to the overall success of our business and the long-term sustainability and well-being of our communities. VLIETCO’s focus on developing or re-developing industrial properties located in urban infill markets often leads to the conversion of blighted, unsafe and under-utilized industrial real estate into highly functional, productive industrial business parks. Through this work, essential jobs are created for people of all levels of skills drawing from within and around these neighborhoods serving an exceptionally diverse array of distribution, manufacturing, light industrial, technology, food service, bioscience, commercial/retail/wholesale services and related businesses. VLIETCO is one of the very few real estate investment companies focused on preserving and improving industrial use real estate for continued industrial use. This focus helps community stand the loss of industrial real estate, which is otherwise diminishing as developers seek to convert such land away from industrial use, depriving those communities of essential jobs and of the balanced local economy required for long-term sustainability and smart growth. Further, blighted properties that might have represented unsafe destinations facilitating a variety of illicit activities are converted to thriving centers of commerce. At VLIETCO this is good business and we are thankful to the many private and public entities and relationships that make this work possible.