H.I.G. Realty Expands Investment in Industrial Outdoor Storage Platform
Monday, October 27th, 2025
H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $70 billion of capital under management, is pleased to report that its affiliate, H.I.G. Realty Partners, has acquired 20 Industrial Outdoor Storage ("IOS") properties year-to-date in 2025. H.I.G.'s aggregate IOS platform now includes 79 net-leased properties in 20 states, totaling 3.6 million square feet and 385 acres, with an overall occupancy rate of 98%. This asset growth reflects the firm's ongoing strategy to scale a national IOS platform in high-growth, supply-constrained markets.
Since inception of its IOS strategy in 2022, H.I.G. has generated significant portfolio value through aggressive mark-to-market re-leasing. The platform's significant net operating income growth reflects the severe lack of supply within this industrial sub-sector, along with the depth of tenant demand for infill, last-mile locations. The quality of H.I.G.'s tenant base has also improved through corporate consolidations and credit upgrades of key occupants.
"H.I.G. continues to advance its strategy of acquiring IOS assets largely off-market from local owners at compelling yields," said David Hirschberg, Co-Head of H.I.G. Realty Partners. "The sector's unique supply/demand dynamics, primarily as a result of stringent zoning restrictions on new IOS development, is a driver of substantial cash flow growth across H.I.G.'s portfolio. With a scaled and diversified platform, H.I.G. is well positioned to continue growing its IOS asset base."


