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Industrial Real Estate Investment

Building Generational Value in America's Industrial Backbone

Oxford Realty Advisors is a private real estate investment firm targeting value-add industrial and flex properties across the Mid-Atlantic and Midwest.

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Square Feet
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Tenants
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Properties
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Core Markets
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Years Operating
What We Do

We invest thematically in functional industrial real estate, targeting below-replacement-cost basis in high-demand infill markets.

Acquire

We target Class B/C industrial and flex properties in the $1M–$10M range, acquiring significantly below replacement cost. We are not afraid of vacancy, deferred maintenance, or environmental complexity.

Operate

We are hands-on owner-operators. Every property in our portfolio is actively managed to institutional standards — from capital improvements to tenant retention — with the long-term horizon of permanent capital.

Compound

Our strategy is generational. We hold assets through cycles, capture mark-to-market rent resets at lease expiry, and reinvest proceeds into accretive acquisitions.

Investment Strategy

Thematic Investment in America's Industrial Backbone

The structural undersupply of functional shallow-bay industrial space in America's secondary markets represents one of the most compelling investment opportunities in commercial real estate. New construction costs for Class B/C flex product now exceed $150/SF in most markets — making it economically impossible to build the type of functional, small-bay product that the majority of industrial tenants actually need.

Oxford's edge lies in our willingness to acquire what institutional buyers avoid: high-vacancy assets with deferred maintenance, environmental complexity, or fractured ownership histories. We acquire these properties at a fraction of replacement cost, apply hands-on operational improvements, and hold for generational time horizons.

The compounding mechanism is straightforward: below-market leases reset to market at expiry, occupancy climbs through active management, and disposition proceeds are recycled into accretive acquisitions. A 15% portfolio LTV means we can deploy all-cash offers on new acquisitions while selectively recapitalizing existing holdings — and hold through any cycle without forced dispositions.

100% family capital. No outside investors. No fund structure. Current portfolio LTV of 15% — giving us the firepower to pursue all-cash acquisitions while recapitalizing existing holdings. 40-year hold horizon.
Investment Criteria

What We Look For

Deal Size
$1M – $10M
Property Type
Class B/C Industrial, Flex, Shallow-Bay, IOS
Building Size
< 50,000 SF per building
Clear Height
18'+ preferred
Markets
Mid-Atlantic (DC, Baltimore, Salisbury) · Midwest (Columbus, Indianapolis, Kansas City)
Strategy
Value-Add, Long-Term Hold
Acquisition Basis
Significantly below replacement cost
Complexity Tolerance
Vacancy, deferred maintenance, environmental (Phase I/II)
Target Markets

Four Core Markets Across the Mid-Atlantic and Midwest

Maryland

253K+
Square Feet
Columbia · Owings Mills · Easton · Salisbury · Baltimore · Cambridge

Columbus, OH

280K+
Square Feet
Zettler · Banwick · Morrison · Rarig · E Fifth · Westerville · Livingston · Dublin

Kansas City

34K+
Square Feet
Raytown · State Route 350

Expanding

Indianapolis
Target Market
Actively evaluating opportunities in Midwest secondary markets
Featured Case Study

3540 East Fifth Avenue
Columbus, Ohio · 36,000 SF · Industrial

Acquired vacant and fully renovated — exterior re-skin, complete re-pave, new roof. Leased to an international fragrance manufacturer within 12 months of acquisition. A textbook value-add execution from basis to stabilization.

Acquired
Vacant
Renovation
Full Exterior + Roof
Occupancy
100%
Status
Held
View All Transactions →
Portfolio

Representative Holdings

600,000+ square feet of shallow-bay industrial and flex space across four core markets.

Track Record

Case Studies

A selection of investments demonstrating Oxford's approach to value creation through operational intensity, basis discipline, and generational hold periods.

Current

Sepich Portfolio

Columbus, OH · 110,000 SF · 8 Buildings · Multi-Tenant Industrial/Flex

Acquired from heirs of the original developer, with rents over 50% below market. Oxford deployed non-traditional marketing and active lease management to reset rents from under $6 PSF to $13 PSF gross. NOI has doubled in under five years with significant additional upside remaining as below-market leases roll.

$42
Basis / SF
2.0×
NOI Growth
100%
Occupancy
~2.6×
Est. Equity Multiple
$12M
Est. Current Value
38 days
LOI to Close
Current

9050 Red Branch Road

Columbia, MD · 90,000 SF · Multi-Tenant Industrial/Flex

Oxford's largest Maryland asset. Acquired stabilized at an 8.0% cap rate with rents slightly below market. Despite minimal turnover, active management has grown NOI from $613K to approximately $1.1M. Oxford has declined offers approaching $200 PSF, reflecting conviction in continued rent growth.

$85
Basis / SF
1.8×
NOI Growth
100%
Occupancy
30%
Cash-on-Cash
~2.3×
Est. Equity Multiple
42 days
LOI to Close
Current

29000 Information Lane

Easton, MD · 48,000 SF · 5 Buildings · Multi-Tenant Industrial/Flex

Acquired at 33% occupancy from a multi-billion dollar construction company that had deprioritized the asset. Oxford deployed non-traditional marketing, offered targeted concessions, and improved responsiveness to lease up the property. Rents have nearly doubled from $8 to $15 PSF gross with a current waiting list.

$42
Basis / SF
6.3×
NOI Growth
33% → 100%
Occupancy
~3.5×
Est. Equity Multiple
~$7M
Est. Current Value
35 days
LOI to Close
Current

1900 North Broadway

Baltimore, MD · 26,000 SF · Multi-Tenant Medical/Retail

Acquired from a national ministry at 77% occupancy with a 6,000 SF vacancy and below-market rents. Oxford negotiated a complex multi-tenant reconfiguration to accommodate a national dialysis operator, replacing below-market tenancies with market-rate leases and immediately adding $175K to NOI.

$48
Basis / SF
3.5×
NOI Growth
77% → 100%
Occupancy
~4.2×
Est. Equity Multiple
$5.5M+
Est. Current Value
30 days
LOI to Close
Realized

Fairground Village Center

Westminster, MD · 30,000 SF · Multi-Tenant Retail · Disposition

Acquired at 80% occupancy. After the largest tenant defaulted (vacancy spiked to 37%), Oxford demised the vacant space into smaller units, enabling rapid lease-up at higher rents. Property maintained near-100% occupancy through disposition. Sold in 2020 at 2× the acquisition basis.

$75
Basis / SF
4.5×
Equity Multiple
63%+
IRR
$4.5M
Sale Price · 2020
5 yrs
Hold Period
28 days
LOI to Close
Active
Buyer

What We're Buying Now — Q1 2026

Actively seeking $1M–$10M shallow-bay industrial and flex acquisitions in Columbus, Kansas City, Indianapolis, and the Mid-Atlantic. All-cash closings in 30–45 days. Comfortable with vacancy, deferred maintenance, and environmental complexity. We are targeting $15M+ in new acquisitions this year.

Updated Mar 2026
Recent Activity

What's New at Oxford

Q1 2026
Actively Evaluating Indianapolis Market

Oxford is expanding its Midwest footprint with active deal flow in Indianapolis, targeting the same shallow-bay industrial product type in high-demand infill corridors.

2024
Kansas City Market Entry

Acquired 34,560 SF industrial flex property on State Route 350 in Raytown, MO — establishing Oxford's presence in a new core market with strong logistics fundamentals.

2024
Portfolio Surpasses 600,000 SF

Following continued acquisitions in Columbus and Maryland, Oxford's portfolio now exceeds 600,000 square feet with 140+ tenants across four core markets.

What Our Partners Say

Built on Relationships

Broker Network

Are You a Broker?

Oxford invests 100% family capital — no outside investors, no fund structure, no committee. We close all-cash in 30–45 days from LOI, carry a 15% portfolio LTV, and are comfortable with vacancy, deferred maintenance, and environmental complexity. One call, one decision-maker, no financing contingency. Proof of funds available on request.

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The Firm

A Private Investment Firm Built for Generations

Founded in 2005, Oxford Realty Advisors began as a commercial real estate advisory practice before recognizing that the greatest opportunity lay not in transacting, but in owning.

Today, Oxford is a principal investor and operator with a portfolio of over 600,000 square feet of shallow-bay industrial and flex space across the Mid-Atlantic and Midwest. Our strategy is built on a simple conviction: functional industrial real estate in infill secondary markets, acquired significantly below replacement cost, compounds value over generational time horizons.

We operate with 100% family capital — no outside investors, no fund structure, no stakeholders to answer to. Every dollar deployed is our own. This means no investment committee, no capital calls, no LP approvals, and no bureaucratic drag on decision-making. When we commit to a deal, the only approval required is ours.

2005
Founded as commercial real estate advisory
2008
Shifted to principal investing and direct ownership
2021
Entered Columbus, Ohio market
2022
Portfolio surpassed 400,000 SF
2024
Expanded into Kansas City market
Today
600,000+ SF across four core markets, 140+ tenants
Leadership

The Team

Eric Goldberg, Principal at Oxford Realty Advisors
Eric Goldberg
Founder

Eric Goldberg founded Oxford Realty Advisors in 2005 after a career in commercial real estate advisory and accounting. A graduate of Washington University in St. Louis with a degree in Accounting, Eric has built Oxford into a vertically integrated owner-operator of industrial and flex properties across multiple markets. His investment philosophy centers on acquiring functional industrial assets at a basis that provides a margin of safety against downside risk while positioning for long-term compounding through operational improvements and rent resets.

Gabriel Goldberg, Principal at Oxford Realty Advisors
Gabriel Goldberg
Vice President, Acquisitions

Gabriel Goldberg leads Oxford's acquisition pipeline, from deal sourcing and underwriting to negotiation and closing. A graduate of Cornell University with a degree in Economics, Gabriel manages relationships with the firm's broker network, oversees due diligence for all new acquisitions, and is building the technology infrastructure to scale Oxford's operations.

For Prospective Tenants

Looking for Space?

Oxford owns and operates over 600,000 square feet of industrial, flex, and office space across four markets. Tell us what you need and we'll match you with available units.

Many of our units are available move-in ready with finished office space, drive-in or dock-height doors, paved parking, and updated electrical. Flexible lease terms from 1–10 years. We respond to all inquiries within one business day.

For Our Tenants

Tenant Resources

Everything you need to manage your tenancy with Oxford Realty Advisors.

Get in Touch

Contact

Office

9510 Persimmon Tree Road, Suite 200
Potomac, MD 20854

Phone

301.512.6125

Email

info@oxfordra.net