CIP Real Estate LLC (“CIP Real Estate” or “CIP”) is committed to creating value for its investment partners and providing quality service to its tenants. As an established company that has demonstrated success in both favorable and challenging market cycles, CIP Real Estate is a responsible steward of its capital and operates under the strictest standards of financial reporting and due diligence. For CIP Real Estate, value-add is a term that is indicative of both its investment strategy and its corporate philosophy.
Company Profile
CIP Real Estate is a full service real estate investment and management company focused on the acquisition, development and repositioning of industrial parks. Founded in 1995, CIP Real Estate has completed more than $2.5 billion in real estate transactions, and owns and manages over 10.0 million square feet of quality properties, with offices in Ontario (CA), Riverisde (CA), Hayward (CA), Las Vegas, Charlotte, Atlanta and Dallas.
CIP Real Estate’s principals, Eric Smyth and Robert Strom, combined their backgrounds in development, investment, finance, law, management and marketing to create a business that was built on service and driven by results. The company’s core business plan remains acquiring and creating value in real estate assets and co-investing with institutional joint venture Partners.
In order to implement its business plan, CIP Real Estate established an industrial portfolio investment program, currently valued at over $1.0 billion, with New York-based Almanac Realty Investors, LLC (“Almanac”). Almanac, a Neuberger Berman company, is a leading provider of growth capital to private and public real estate companies. Since 1996, Almanac-managed funds have committed more than $7.7 billion to 52 companies in North America (as of November 2023).
Guided by its founders, the Company’s educated and experienced team of professionals provides institutional level asset management, financial analysis, modeling, due diligence, accounting and financial reporting, as well as a full spectrum of traditional real estate services in property management, leasing and marketing and construction management. In order to implement this strategy, CIP Real Estate has a full service head-quarters office in Irvine, California, and full service management offices in Inland Empire (Riverside and Upland, CA), Las Vegas (NV), Hayward (CA), Atlanta (GA), Charlotte (NC) and Dallas (TX).