Real deals. Real decisions. Real results. No spin — just what was acquired, what was done, and what came of it.
"Our philosophy is to acquire real estate, operate it well, and hold it long enough to realize its full value. We are not traders. In rare instances — when the market presents an exit that makes undeniable sense — we sell. The two deals below are examples of exactly that."
The rest of our portfolio is held. The properties listed in our Portfolio represent assets we continue to own, manage, and optimize through CEG Management today.
A 72,000 SF industrial building on 4.1 acres in DeKalb County, Georgia — sitting directly off I-20, 15 miles from Atlanta. Acquired in 2021 for $1,500,000 in joint venture with mentor Rafik Moore of Brait Capital.
At acquisition the building was largely vacant, with three church tenants occupying roughly 18,000 SF on NNN leases. The plan was to demise the remaining 54,000 SF into 3,000–6,000 SF multi-tenant units and stabilize to full occupancy within 12 months — a straightforward value-add thesis in a strong Atlanta submarket.
The deal never needed to get there. The acquisition basis was low enough — and the market strong enough — that the right buyer emerged before the renovation plan was fully executed. On February 1, 2022, the asset sold for $3,475,000. Less than a year from purchase to close.
This deal is a direct result of networking with the right people and moving without hesitation when the numbers make sense. When you know a deal pencils — you act.
Acquired vacant at $1,760,000. The building had sat empty and needed a clear plan to generate income. Rather than leasing it as-is, the decision was made to demise the space — cutting the building into multiple units to attract a wider range of tenants and reduce single-tenant risk.
Two leases were signed during due diligence — before the deal even closed. That kind of conviction comes from knowing the market and having the leasing infrastructure to move fast. CEG was prospecting tenants before the ink was dry on the purchase agreement.
The physical work followed: demised the main building into two units, split gas and electric for each tenant, and cut in a new drive-in door for the second tenant's operational needs. The standalone second building — previously used as cold storage — was updated, heated, and made functional for commercial use.
Held for just over two years. Sold for $3,000,000 — a clean exit on an asset that was transformed from vacant to fully tenanted and operationally sound.