Acquisition criteria
View full criteria- Transaction size
- $2M–$50M
- Priority markets
- Top 40 U.S. metro areas, with a U.S.–Mexico border focus
- Minimum site area
- 2 acres
- Building coverage
- Under 30%
Rever pays buy-side brokerage fees on off-market acquisitions sourced through brokers.
Send an off-market dealInvestment strategy
Industrial investment mandate
We target warehouses, distribution facilities and other industrial assets in major U.S. markets, with priority given to cross-border logistics. Our underwriting combines industrial engineering and supply chain expertise to assess freight access, fulfillment capacity and the feasibility of future automation.
Market data and AI-assisted screening can help identify properties that fall outside larger buyers’ acquisition criteria. We assess each opportunity against comparable sales and the property’s operating potential.
We work with Spanish-speaking property owners and investors and can conduct transaction discussions in Spanish.
Acquisition criteria
Submission materials
Provide the property address, asking price, site acreage, building area, occupancy and zoning. Where available, include links to the site plan, rent roll and offering memorandum.
- Target property types
- Cross-dock facilities, truck terminals, distribution centers, shallow-bay industrial properties, bulk warehouses, industrial outdoor storage (IOS), and undeveloped land with industrial zoning.
- Transaction size
- $2 million–$50 million
- Target markets
- Top 40 U.S. metropolitan statistical areas (MSAs), with a focus on markets near the U.S.–Mexico border.
- Minimum site area
- 2 acres
- Building coverage
- Less than 30% of site area
- Transaction scope
- Single-asset or portfolio acquisitions
- Zoning
- As-of-right industrial zoning
Acquisition types
- Vacant industrial
- Industrial properties available for lease-up or occupancy.
- Net-leased industrial
- Occupied industrial properties with net leases in place.
- Sale-leasebacks
- We acquire the property and lease it back to the seller so the business can continue operating on site.
- Value-add industrial
- Partially leased properties, assets with near-term lease expirations, and sites suited to targeted improvements or redevelopment for industrial use.
- Owner-user transitions
- Properties sold by businesses that are relocating, consolidating, or winding down. We can discuss a move-out period after closing.
- Special situations
- Time-sensitive or complex transactions, including lender-owned sales, estate dispositions, and corporate carve-outs.
- Co-GP investments
- We can commit capital as a co-GP alongside independent sponsors and syndicators who source industrial opportunities. Share an opportunity.
U.S.–Mexico border region
Map boundaries · Natural EarthExplore by state
California
Otay Mesa
Southern California’s border connects the Pacific coast and inland desert markets to northern Baja California.
Investment history
The firm’s investment history dates to the 19th century and spans agriculture, mining and mineral assets, and commercial real estate. Rever Equities owns and operates a real estate portfolio in Lima, Peru. Under Paullette Camille Rever Michaud’s leadership, the firm is expanding its investment strategy into U.S. industrial real estate.
- Assets under management
- $100M+
Leadership
Paullette Camille
Rever Michaud
Head of Investments
Paullette Camille Rever Michaud oversees Rever Equities’ operations and leads the expansion of its investment strategy into U.S. industrial real estate. She is a bilingual, third-generation real estate developer, owner, and operator.
Paullette holds undergraduate degrees in Civil Engineering and Industrial & Systems Engineering, as well as an M.S. in Industrial Engineering. She earned both industrial engineering degrees at Georgia Tech, graduating with highest honors in Industrial & Systems Engineering.
As a consultant at a leading firm specializing in industrial engineering and warehouse software, Paullette contributed to warehouse design and supported large-scale warehouse management system implementations for major Fortune 500 companies. Her experience spans supply chain operations, fulfillment technology and integrations with warehouse controls, robotics and voice picking. She brings that operating perspective to acquisition underwriting, assessing site circulation, loading infrastructure and an asset’s ability to accommodate changes in tenant operations.
Warehouse acquisitions
Rever Equities acquires properties as principal, using its own family capital. We make all-cash offers on qualifying assets and close without a financing contingency. Rever charges sellers no brokerage fee.
Our capital, our decision
We make acquisition decisions internally. We can agree to terms without seeking limited partner (LP) approval or raising outside capital for the transaction. That allows us to move quickly once due diligence is complete.
We work directly with Spanish-speaking owners, brokers, and sponsors and can discuss the property, diligence, and terms in Spanish.
Acquisition review
- Submit the property and transaction details.
- We screen the opportunity against our acquisition criteria.
- If the opportunity fits our mandate, we contact you to discuss preliminary terms.