Tramview Capital Management and East Capital Partners Complete Sale of Small-Bay Industrial Portfolio in Jacksonville, FL

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BEACHWOOD, OHIO (July 31, 2026) – Tramview Capital Management (“Tramview”) and East Capital Partners recently completed the sale of Airport Jax Small Bay Portfolio (“Portfolio” or “Property”), an eight-building, 230,000 SF small-bay industrial park on ~29 acres in Jacksonville, FL. Located in the city’s Northside industrial submarket, less than one mile from Interstate 95 and approximately 2.5 miles from Jacksonville International Airport, the Property offers tenants convenient access to the region’s major transportation infrastructure and serves as a strategic last-mile distribution location.

The Portfolio, which was constructed between 2001 and 2011, provides front-load and cross-dock configurations, clear heights ranging from 19’ to 25’, abundant parking, and a dedicated industrial outdoor storage component, features driving strong demand from local and regional users throughout the Jacksonville market.

East Capital Partners and Tramview originally acquired the Property in an off-market transaction in July 2023, when it was fully leased to a diverse mix of tenants at significantly below-market rents. During its ownership, the venture executed approximately 248,000 square feet of leases, with significant increases on new and renewal lease rents over average in-place rents at acquisition. Additionally, the venture secured site plan approval for the development of an additional 65,000 SF light industrial building on 6.5 acres of excess land that currently generates ancillary parking and storage income, providing additional value and optionality for the Property.

“This transaction represents exactly the type of investment strategy East Capital Partners seeks to execute — sourcing high-quality off-market opportunities, creating value through active asset management, and delivering a successful outcome for our investors. We are especially grateful for the outstanding partnership with Tramview throughout the investment. Their collaborative approach and shared long-term vision made this a true success story from acquisition through disposition, and we’re proud of what we accomplished together.” said David Archibald, Co-Founder of East Capital Partners.

“Tramview is pleased to have partnered with East Capital Partners on the Airport Jax Small Bay Portfolio investment. We were able to acquire a well-located, in-fill property at an attractive basis, and East Capital Partners did an excellent job of leading execution of our venture’s business plan to bring rents to market levels and extend out the portfolio’s average lease term, dramatically increasing NOI and value, allowing us to deliver a strong return for our investors,” said Robert Davies, Managing Partner of Tramview Capital Management.

ABOUT TRAMVIEW CAPITAL MANAGEMENT:
Tramview Capital Management is a value-oriented real estate investment management firm focused on investing in institutional quality real estate in targeted growth markets across the U.S. Tramview leadership has overseen and managed approximately $5 billion of equity invested globally across all property types and throughout the capital stack on behalf of institutional clients (e.g. pension funds, sovereign wealth funds, endowments, foundations), wealth management firms, and high net worth individuals. For more information, please visit tramview.com.

ABOUT EAST CAPITAL PARTNERS:
East Capital Partners is a privately owned real estate investment firm focused on acquiring and developing off-market commercial real estate opportunities throughout the Eastern United States. Led by a team with more than $7 billion of investment experience across all major property types and throughout the capital stack, East invests on behalf of its own balance sheet, institutional investors—including pension funds, sovereign wealth funds, endowments, and foundations—and select high-net-worth individuals. The firm’s value creation strategies range from operational enhancements, leasing, and capital improvements to complex repositionings, adaptive reuse projects, and ground-up development. For more information, visit www.eastcp.com.

 

 

Karim Jiwani

Controller / Director of Operations

Karim Jiwani joined Tramview Capital Management in 2023 and is the Controller and Director of Operations, with responsibilities including financial and risk management, reporting, operations, and tax. Previously, he was at Carta, where he was an Assistant Fund Controller, with a focus on financial reporting and compliance, with managerial and client responsibilities for over 60 funds. Prior to joining Carta, Mr. Jiwani worked at Rock Ventures, where he was the Fund Controller with responsibility for the financial accuracy and reporting of over 40 funds. Mr. Jiwani started his career at KPMG, where he was a Senior Audit Associate, specializing in auditing private equity and venture funds ranging from approximately $50 million to $1+ billion in AUM. Mr. Jiwani received a Master of Accounting degree from the University of North Carolina (Kenan-Flagler Business School) and a Bachelor of Architecture degree from Southern Polytechnic State University. Mr. Jiwani is also a Certified Public Accountant.

Charles Myerson

Partner

Charles Myerson is a Partner at Tramview Capital Management, where he is responsible for sourcing, evaluating, structuring, and managing investments. Previously, he was a Senior Director at Tishman Speyer, where he focused on acquisitions for the greater NYC market and led the firm’s expansion into Pittsburgh. He also held responsibilities for asset management, development, and debt and equity capital markets. Prior to joining Tishman Speyer, Mr. Myerson worked for Silverpeak Real Estate Partners in Atlanta and London, focusing on the asset management, restructuring, and disposition of residential, hospitality, and office investments, in addition to portfolio level responsibilities. Mr. Myerson received an MBA from Columbia Business School, a BBA in Real Estate from the University of Georgia, from which he graduated Summa Cum Laude, and he is a CFA Charterholder.

Nicole Smeader

Sr. Vice President, Investor Relations

Nicole Smeader is a Senior Vice President at Tramview Capital Management with responsibility for developing and maintaining investor relationships. Previously, she was an Associate Partner at The Townsend Group, where she held multiple roles focusing on the firm's marketing and business development efforts, overseeing broker-dealer compliance, and relationship management for the firm's commingled fund clients. Prior to joining Townsend, Ms. Smeader was an Associate in the Investment Property Group at CBRE. Ms. Smeader received a JD from Case Western Reserve University School of Law, an MBA from The Weatherhead School of Management at Case Western Reserve University, and a BS from John Carroll University.

Josh Comiter

Vice President

Josh Comiter is a Vice President at Tramview Capital Management, which he joined in 2021. Josh focuses primarily on the evaluation, underwriting, and due diligence of new acquisitions, as well as the asset management of existing investments. Previously, he was a Senior Analyst at Starwood Property Trust (“Starwood”), where he focused on CMBS B-Piece Acquisitions as a member of the investment management team. Josh simultaneously worked out distressed debt within Starwood’s Special Servicer, LNR. Mr. Comiter was also a Rotational Analyst at Starwood Property Trust. Mr. Comiter received both an MSRE in Commercial Real Estate and a BABA in Urban Planning and Real Estate from the University of Florida.

Beau VandeWalle

Senior Vice President

Beau VandeWalle joined Tramview Capital Management in 2021, where he serves as a Senior Vice President, focusing primarily on the evaluation, underwriting, and due diligence of new acquisitions, as well as the asset management of existing investments. Previously, he was a member of the investment team at WHI Real Estate Partners, where he focused on opportunistic investments, spearheading asset management and investment management activities. Prior to joining WHI Real Estate Partners, Mr. VandeWalle was a Rotational Analyst at Starwood Property Trust. Mr. VandeWalle received a BBA in Finance and Real Estate from the University of Wisconsin-Madison.

Robert Davies

Managing Partner, Founder

Rob Davies is the Managing Partner of Tramview Capital Management, overseeing the firm’s investment activities, portfolio management, and overall strategy and operations. Previously, he was a Partner at The Townsend Group, where he was Head of the Special Situations Group, with responsibility for Townsend’s global direct real estate investment activities. In addition, Mr. Davies was a Portfolio Manager for several discretionary investment funds, totaling approximately $1.8 billion in equity commitments. Prior to joining The Townsend Group in 2011, Mr. Davies was a Vice President at ING Clarion Partners, where he focused on real estate investments in the Western U.S. Prior to, he worked for Discovery Land Company, where he focused on acquisition, project management, and finance activities. He also spent three years as an investment banker for ING Barings Furman Selz. He was a Director of SonomaWest Holdings from 2006 until the company was taken private in 2011. Mr. Davies received an AB degree in Economics from Duke University and an MBA from the Stanford Graduate School of Business.