The Value Add Guy

03/20/2026

Killer time speaking at the Atlanta small bay summit yesterday discussing the current state of the development market for small and shallow bay product. 650 industrial enthusiasts in the crowd with the same mentality that this is a great investment opportunity.

We are long term believers serving the tenants in this size range and want to help bring in the new wave of design and standard to the product type.

01/17/2026

Bringing 137,000 SF of industrial to the West Valley in Phoenix, AZ. Building 1 is 98,000 SF with 6 spaces for tenants looking for 15,000 to 18,000 SF spaces. Building 2 is 39,000 SF targeting tenants looking for 4,500 to 10,000 SF. Spaces will be move in ready in September 2026. Looking forward to helping business expand and getting our first project off the ground with the Indicap team.

11/13/2025

1050 Waltham Way coming to market in April 2026 looking for one or two tenants in the Tahoe Reno Industrial Center. 334,800 SF of 36' Clear logistics space coming to market this year as a brand new ground up development. Reach out for leasing inquiries.

11/03/2025

After some patience, creativity, and perseverance we have entered the Boise market with our acquisition of the Northgate Shopping Center (145k SF shadow anchored Albertsons center) which we originally offered on in 2024. We have been tracking the Pacific Northwest market for a few years and thought retail in Boise was the right way to enter a market that we have long term conviction in. With the explosive growth from Covid and the continued positive economic drivers from a quality of life standpoint, pro business environment, and Micron as a major economic driver we see immediate and long term advantages to the Boise market.

In the nature of value add real estate, you can't have every problem solved before closing, but you can mitigate a lot of risks along the way. We facilitated a 1031 exchange for one of our investors into this transaction while accommodating the regulatory framework of a Lifeco senior loan.

This deal fits the narrative of VAC Development chasing opportunistic assets in growth markets that don't fit the institutional box but can be turned into an institutional quality asset after we execute our business plan. We have put together a great team, grateful for everyone who got this transaction over the finish line. Looking to make this a great property with new tenants, new look, and new management.

08/11/2025

Sunday signage going up at our retail development off Rainbow in Las Vegas

07/30/2025

Slab is poured at our 1050 Waltham Development for our 335k SF warehouse in the Tahoe Reno Industrial Center. Scheduled for delivery in May 2026. Looking for our tenant(s) to be in this incredible industrial park with Tesla, Walmart, Google, Switch, Redwood, Apple, and every big data center and manufacturer. I call this place "Battery Valley"

12/03/2020

It’s a great feeling to have your offer accepted on your dream home. But that’s not the end of it – there’s another major hurdle to overcome in the process of buying a house. You still have to get past the inspection, which can and often does reveal major unexpected problems. And then you’re back … Continued

The home inspection can be a hurdle in buying a house. Discover what to pay attention to during the home inspection when buying a house in Las Vegas.

11/27/2020

The biggest challenge for most people when it comes to buying a home is saving for the down payment. And most of us know that the more you can pay down, the better off you’ll be – with lower interest rates and mortgage payments and no private mortgage insurance to pay for. But saving nearly … Continued

A gifted down payment is a viable option for many people. Find out what Las Vegas homebuyers need to know about receiving a down payment as a gift.

11/26/2020

Buying a home, especially the first time, is an exciting adventure. But whether you’re a first-time buyer or an old hand upgrading again, you want to make sure you’ve found the right house. There’s a lot of money riding on the decision and, as a result, a lot of pressure. You don’t want to act … Continued

Choosing the right house is critical, but typically a difficult assessment and tough decision. Here are 5 signs you’ve found the right house in Las Vegas.

11/24/2020

Are you thinking about buying a home right now in Las Vegas? In this time of uncertainty and economic upheaval, engendered primarily by the pandemic, many potential home buyers are facing a tough dilemma; should they buy now or wait. Some industry watchers say now is definitely the time to buy while others caution waiting … Continued

Should you wait or buy a home now? Find out what the real estate experts actually have to say about buying a home right now in Las Vegas.

11/24/2020

Winter is typically the slow season for real estate. The weather’s nasty, people just aren’t out house hunting, and there are all those holiday activities keeping people busy. Still, some realtors advise selling during the winter. Buyers have a greater sense of urgency to buy a house, and, on average, sellers net more above the … Continued

Discover the top 5 mistakes you absolutely must avoid if you want to sell your house during the winter in Las Vegas, a typically slow season.