Tramview Capital Management Acquires Class A Industrial Property in Lexington, KY

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Lexington, KY

BEACHWOOD, OHIO (September 22, 2026) — Tramview Capital Management (“Tramview”) recently completed the acquisition of 2390 Remington Way, a 522,500 SF Class A cross-dock industrial property (“Property”) located in Lexington, KY. The Property is 100% leased to Sumitomo Electric Wiring Systems, Inc. (“SEWS”), a wholly owned subsidiary of Sumitomo Electric Industries, Ltd. (TYO: 5802), a Fortune Global 500 conglomerate and an investment-grade credit rated by S&P.

The Property participates in a supply-constrained industrial market anchored by the Toyota Motor Manufacturing Kentucky (TMMK) plant in Georgetown, KY, the largest Toyota assembly facility in the world, with approximately 10,000 employees and ~550,000 vehicles of annual production capacity. Toyota has invested more than $11 billion at TMMK since 1988, anchoring a deep automotive supply chain cluster throughout central Kentucky. SEWS is a Tier 1 supplier to TMMK, located approximately 12 miles from the Property, as well as to other OEMs. SEWS has occupied the Property since its development in 2016 and uses the facility to serve its North American supply chain operations.

Lexington sits at the intersection of I-75 and I-64, providing one- to two-day truck delivery to approximately 60% of the U.S. population and efficient connectivity to the Midwest, Southeast, and Mid-Atlantic regions. The Property is situated in the West Lexington/Fayette submarket — the largest industrial submarket in the Lexington MSA and an established corridor with deep occupier tenure across logistics, distribution, and manufacturing. The submarket benefits from stable supply and demand dynamics: a constrained development pipeline, limited available industrial-zoned land, an established highway and airport infrastructure base, and a deep blue-chip occupier roster supported by TMMK and complemented by national logistics and manufacturing operators. Built in 2016 with a 2019 expansion, the Property offers institutional-grade specifications including 30-foot clear heights, a cross-dock configuration, 204 auto and 41 trailer parking positions, and approximately 30 acres of site area, well-suited for regional distribution, logistics, and automotive supply chain operations.

Charles Myerson, Partner of Tramview, stated “2390 Remington Way is a modern, highly functional industrial facility in one of the country’s strongest automotive supply chain markets, and we are pleased to have acquired it at an attractive basis relative to both comparable sales and replacement cost. The Property is mission-critical to a financially strong tenant, and with in-place rents below market, we believe it is well positioned to deliver durable current cash flow and meaningful long-term value to our investors.”

This acquisition marks Tramview’s 10th industrial investment and its first in Kentucky, growing the firm’s industrial portfolio to approximately 1.9 million SF located in vital distribution and logistics hubs with compelling long-term fundamentals in Florida, Georgia, Kentucky, New Jersey, Nevada, and Pennsylvania.

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.

 

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.