MAYFAIR INVESTMENT PARTNERS
Entrepreneurial Real Estate Investments
ABOUT
Founded in 2013, Mayfair is a real estate owner-operator which seeks value-add investments and long-term asset appreciation of all asset classes. Florida and other southeastern states are the firm's main focus areas, with a proclivity towards emerging and gentrifying markets with excellent transportation access. Migration growth and business-friendly climates play a central role in firm investments and market selections.
The firm is led by Jonathan More, Mayfair's principal with 18 years of experience in real estate finance, investments and asset management. Jonathan has been involved with 135 investment/financing/leasing transactions in his career totaling $3.2 billion in transaction volume. Deal size targets are $5MM - $50MM, though larger transactions will be considered. The firm's core investments have centered around value-add properties offering in-place yield with the opportunity to grow property yield and value through strategic capital investment.
GEOGRAPHIC FOCUS
Mayfair is primarily focused on select growth markets with a bias towards business-friendly climates, including:
Florida
North Carolina
South Carolina
Georgia
Tennessee
Alabama
Texas
New York
MELSON INDUSTRIAL, JACKSONVILLE
Mayfair most recently acquired a 340,000sf industrial property in Jacksonville, FL. The off-market opportunity is located on Jacksonville’s West Side industrial submarket just a 6-minute drive from multiple interstates and a short drive to JAXport. The property was purchased vacant from a global products brand who owned the property for decades as a distribution center. The 22-acre property boasts attractive ceiling heights, efficient column spacing and abundant outdoor storage space.
The Jacksonville market itself continues to thrive from migration growth, supreme intermodal transportation access and a business friendly environment. Industrial rents continue to grow and the future outlook remains positive. Mayfair is keen on investing further capital in Jacksonville and the Southeast generally.
