**Redfearn Capital Recapitalizes $107.5M Florida Industrial Portfolio**
Redfearn Capital has successfully recapitalized a $107.5 million industrial real estate portfolio located across Florida, in partnership with institutional investor DRA Advisors.
Originally launched in 2020 in collaboration with TPG Angelo Gordon, the portfolio includes 10 properties in key Florida markets, including Jacksonville, South Florida, Clearwater, and Orlando. The assets collectively span more than 900,000 square feet of industrial space.
With DRA Advisors as the new capital partner, Redfearn Capital will continue to pursue its value-add investment strategy—improving portfolio operations and seeking new leasing opportunities in these regions. Despite this recapitalization, Redfearn Capital and TPG Angelo Gordon will maintain their partnership in two additional joint venture funds and remain active in acquiring industrial assets throughout the Southeastern United States.
Founded in 2014, Redfearn Capital has experienced rapid growth with a portfolio valued at approximately $750 million. The firm’s holdings total 4.9 million square feet, serving more than 250 active tenants across three states.
Mike Davis and Dominic Montazemi of Cushman & Wakefield provided advisory services to Redfearn Capital in structuring the transaction.