HOUSTON, TEXAS · EST. 2025

Finding value where others overlook.

A Texas-based partnership investing in small-bay and light-industrial real estate — disciplined underwriting, institutional pedigree, hands-on management.

OUR STRATEGY

THE PARTNERS’ COMBINED EXPERIENCE · PRIOR TO FOUNDING SOUTHPORT

$3.5B+

REAL ESTATE INVESTED

3.3M

SQUARE FEET DEVELOPED

$10B+

TRANSACTIONS CLOSED

25+

YEARS EXPERIENCE

THE THESIS

Institutional real estate is crowded at the top. We work the overlooked middle — small-bay and light-industrial assets too small for the funds and too complex for the locals.

We complete the work most institutions will not: turning over every stone, underwriting with discipline, and managing hands-on from acquisition through disposition.

WHAT WE BUY →

Small-bay industrial

Multi-tenant flex and warehouse in supply-constrained Texas submarkets.

Value-add basis

Buying below replacement cost, then adding value through lease-up and management.

Core-to-opportunistic

Risk profiles spanning stabilized income to ground-up, matched to the cycle.

The partners

MEET THE TEAM →

Fred Knapp

Co-founder & Managing Partner

$3.5B+ invested across industrial, office and life science. Prior: Transwestern Ventures, EQT Exeter, Morgan Stanley, Crow Holdings. Columbia MBA, Texas A&M BBA, CPA.

Hugh Stewart

Co-founder & Managing Partner

$10B+ transactions, 3.3M SF developed. Prior: Transwestern Ventures, Lazard, J.P. Morgan, GE. UT Austin MBA, Cornell BS.

EXPERIENCE BUILT AT

Morgan StanleyLazardEQT ExeterTranswesternJ.P. MorganCrow Holdings

Have an asset, a mandate, or capital to place?

We’d welcome the conversation.

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