Business Details
31 Years
experience
Expert Industrial Real Estate Management & Investment
CIP Real Estate has been a leader in real estate investment and management for over 27 years, specializing in industrial and business park acquisitions, development, and repositioning. Our company was founded in 1995 with a clear mission: to create value for investment partners while delivering exceptional service to tenants. Through decades of navigating diverse market cycles, we have established ourselves as responsible stewards of capital, adhering to the highest standards of financial reporting and due diligence. Our core philosophy centers on value creation through strategic asset management, supported by a team of professionals with deep expertise in development, finance, law, and institutional-level real estate operations.With offices across seven major markets, including Irvine, Atlanta, Dallas, and Charlotte, we combine local market knowledge with national resources to maximize returns for investors. Our services span the full real estate lifecycle, from acquisition and construction management to property management, leasing, and tailored financial reporting. Backed by a $300 million capital investment from Almanac Realty Investors, we continue to expand our industrial portfolio while maintaining our founding commitment to service excellence and results-driven outcomes.
Services
Asset Management
Property Management
Marketing & Leasing
Construction Management
Reporting & Accounting
Industrial Park Acquisition
Portfolio Development
Investment Strategy
Due Diligence
Financial Analysis
Details
- Year established: 1995
Highlights and features
- We specialize in industrial park acquisitions and repositioning with 27+ years of proven expertise.
- Our team provides institutional-level asset management and financial reporting tailored to investor needs.
- We maintain a 98% client retention rate through transparent, service-driven operations.
- Our principals have completed $4+ billion in real estate transactions since 1995.
- We offer full-service property management across 7 U.S. regional offices.
Services
Asset Management
CIP Real Estate delivers comprehensive asset management services including financial modeling, underwriting, and strategic sales analysis. Our team leverages over 27 years of experience to optimize returns through market-specific insights and institutional-grade portfolio oversight across industrial and business park assets.
Property Management
Managing 9.5+ million square feet of industrial properties, our property management division provides leasing coordination, maintenance operations, and tenant relations services. With regional offices in six states, we ensure localized expertise combined with standardized operational excellence for multi-tenant industrial parks.
Construction Management
Our construction management team specializes in ground-up development and major renovations of industrial facilities. We handle project scoping, contractor coordination, and budget oversight to transform underperforming assets into high-value properties aligned with market demands.
Investment Strategy
We develop targeted acquisition strategies focusing on core-plus and value-add industrial opportunities. With $1.3+ billion in managed industrial assets and access to $300 million in dedicated capital, we execute tailored investment programs that balance risk and return for institutional partners.
Reporting & Accounting
Our accounting division provides customized reporting solutions using industry-leading software platforms. We deliver asset-level financial analysis and portfolio-wide accounting services that meet the specific compliance requirements of institutional investors through 27 years of proven processes.
People
Eric C. Smyth
Principal and Chief Executive Officer
As CEO, Eric Smyth leads CIP Real Estate's strategic direction, leveraging 27+ years of experience in real estate development, finance, and institutional investment management to drive value creation across industrial portfolios.
Robert Y. Strom
Principal and Chairman
Co-founder Robert Strom oversees investment strategy and capital partnerships, utilizing his expertise in legal frameworks and market analysis to maintain CIP's position as a trusted steward of institutional real estate capital.
Melanie Bucci
Chief Financial Officer
Melanie Bucci manages financial operations and reporting, ensuring compliance with institutional standards while optimizing capital deployment strategies across CIP's $1.3+ billion industrial portfolio through advanced financial modeling techniques.
Scott M. Flemer
Executive Vice President and Chief Operating Officer
Scott Flemer directs day-to-day operations, coordinating asset management, property services, and construction activities to maintain operational excellence across CIP's 10.5 million square feet of managed industrial properties.
Katie McKenna
Senior Vice President, Asset and Property Management
Katie McKenna leads asset optimization initiatives, implementing leasing strategies and property improvement programs that enhance portfolio performance while maintaining high occupancy rates in competitive industrial markets.
Questions
What types of properties does CIP Real Estate specialize in?
We focus on industrial and business parks, including small-bay, mid-bay, and large-bay facilities across major U.S. markets like California, Texas, and Florida.
How does CIP approach property acquisitions?
We target core-plus to value-add industrial assets priced between $5 million and $300 million, prioritizing opportunities requiring repositioning or development in Western and Southeastern markets.
What geographic markets do you operate in?
We maintain full-service offices in Irvine (CA), Atlanta (GA), Dallas (TX), Charlotte (NC), Las Vegas (NV), and Riverside (CA), covering Western and Southeastern U.S. industrial markets.
How experienced is your management team?
Our principals have 27+ years of combined experience completing $4+ billion in transactions, with expertise in development, finance, law, and institutional real estate operations.
What investment capital do you manage?
CIP currently manages an industrial portfolio valued at over $1.3 billion, supported by a $300 million equity commitment from Almanac Realty Investors for new acquisitions.
