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Real Estate Overview

Preferred looks for value in all asset classes and types of real estate including stabilized assets, redevelopments, brownfields, and adaptive reuse. We have owned all asset classes from office, industrial, and retail to single-family and multifamily units.
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Private real estate investment group with flexible capital

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33-year legacy of value creation

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Controlled 20,000 acres

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Redeveloped over 13 million square feet of commercial real estate

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Comprehensive finance and marketing team

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Current Properties

Our active portfolio showcases Preferred's ability to identify undervalued assets with significant upside potential. We focus on industrial and flex properties in strategic locations that serve diverse tenant needs, from high-velocity divisible spaces to infrastructure-rich facilities supporting major corporate users. Each property represents our commitment to creating sustainable value through hands-on management and tenant-focused improvements.

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Previous Properties

Over three decades, Preferred has transformed more than 13 million square feet of underutilized real estate into thriving commercial spaces. Our case studies demonstrate our proven approach to identifying hidden value in challenging properties—from mall conversions to industrial redevelopments—creating successful outcomes for tenants, communities, and investors alike.

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Awards and Recognition

Preferred's commitment to excellence has been acknowledged through numerous industry accolades spanning our 33-year history. These recognitions from business publications, planning commissions, and economic development organizations validate our approach to transformative real estate development and our positive impact on the communities we serve.

Current Properties

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Asheville Industrial Park

400,000 square foot industrial park with outdoor storage

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4600 Hendersonville rd, Fletcher, NC 28732

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Leasing opportunities available

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Westinghouse Industrial Park

167,000 square foot manufacturing space with flexible layouts and TI.

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3400 Westinghouse Blvd

Charlotte, NC 28273, United States

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Leasing opportunities available

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Renaissance Business Park

360,000 square feet of flex industrial space
 

4100-4300 Okeechobee rd, Fort Pierce, FL, 34947

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Leasing opportunities available

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Chestnut Commons

120,000 square feet of commercial space

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1667 E Landis ave, Vineland, NJ 08361

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Leasing opportunities available

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McDow Industrial Park

136,000 Square foot flex + small bay industrial site​

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​1379 McDow drive, Rock Hill, SC 29732

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Leasing opportunities available

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Heilig Industrial

420,000 square foot class A industrial facility

 

2121 Heilig Rd, Salisbury, NC 28146

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Fully Leased

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GAF Chester Distribution Hub

325,000 SF industrial building

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​1589 Cedarhurst rd, Chester, SC 29706 

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Successfully Exited!

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Danville Industrial Facility

925,940 square feet on 275 Acres
Class A industrial facility

 

100 Morgan Olson Way, Danville, VA 24540​

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Leasing opportunities available

© 2025 Prime Rock Energy Capital, LLC

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