Two focused sectors.
One region of deep expertise.
Shallow-bay industrial and small-balance student housing — the two strategies where our conviction runs highest today. Focus allows us to underwrite deeper, source off-market, and pursue opportunities that fall below the radar of larger institutions.
Shallow-Bay Industrial
Shallow-bay is the workhorse of local supply chains — 10,000 to 100,000 SF buildings with the clear heights, docks, and truck courts to serve regional distributors, contractors, and light manufacturers. The sector is underdeveloped with fragmented ownership, but makes up a significant share of existing industrial inventory. With limited new construction, shallow-bay vacancy runs well below the broader industrial market today, translating to higher rent growth vs. traditional bulk warehouses.
Small-Balance Student Housing
Premier universities are growing enrollment faster than campus-area housing supply can keep up. We focus on differentiated, pedestrian-to-campus assets at top universities in the Southeast, including NC State, UNC, Duke, USC, UGA, UT–Knoxville, UVA, Virginia Tech, James Madison, Clemson, and Kentucky. These schools all demonstrate enrollment growth, entrenched brand equity, and campus-adjacent submarkets where new supply is highly constrained.
Focused today. Built for more.
These strategies reflect where the firm’s conviction is concentrated today — not the limits of its mandate. Person Street invests across industrial and rental housing in its markets, and the partners’ experience spans the full risk spectrum, from stabilized assets to development. We regularly evaluate opportunities across both sectors beyond our core strategies.