With a new 6,000 square foot headquarters in Miami, STAX Equity recently announced it has has deployed $100 million.
The next-generation private equity firm focusing on value-add single tenant net lease retail assets now lists 846 Lincoln Road as its headquarters. The offices are located on the 6th and 7th floors within the beautiful Van Dyke Building right in the heart of Miami Beach. The building features striking architecture and is within walking distance to great restaurants, hotels, shopping, and entertainment.
STAX Equity is a boutique commercial real estate investment company that specializes in the acquisition, development, and disposition of net leased retail industrial assets like service stations, convenience stores, billboards and energy infrastructure. As a brokerage, STAX offers high-quality developer direct triple net lease (NNN) sale-leasebacks to the commercial real estate investment market. By partnering with tenants and developers to scale their retail operations, STAX Equity’s data-driven approach leads their clients through the end-to-end store opening process from site selection to real estate exit.
Founded in November of 2022, STAX Equity has deployed more than $100 million in investments year to date, creating over 400 jobs in nine states, including Florida, Texas, Arkansas, Tennessee, Alabama, Missouri, Wisconsin, North Carolina, and Kansas. In the last quarter, an average of forty new jobs were created each month through their construction projects across the U.S., which are funded through their investment strategy. On Miami Beach, its new headquarters opened up eleven high-paying professional jobs with six-figure salaries and the firm plans to expand.
Michael Salafia
“By using our proprietary software, we are adding a data-driven approach to value-add investments,” said Michael Salafia, Managing Partner at STAX Equity. “Our AI-powered investment advisory platform allows us to maximize the sales value of our clients’ properties, taking market data from all of the top sources.”
STAX Equity leads the real estate division for SQRL Holdings, a multi-dimensional development program revolutionizing the convenience store industry through laser-precision-tactical service models. SQRL is a fast-growing national operator of service stations and convenience stores, with over 160 locations throughout 12 states. The gas stations are clean, well-lit, safe places to fill up with coffee-shop-like interiors offering customers a refreshing place to grab food and drinks on the go. SQRL takes proven locations and makes them even better by putting quality service and offerings at the forefront. The operations team has decades of experience in the convenience store industry.
Our expertise lies in identifying, analyzing, and securing higher yield commercial real estate investment opportunities. Through our rigorous due diligence process and industry expertise, we create a curated deal flow that is unavailable on the market. Focused on essential retail & infrastructure such as gas stations & convenience stores. STAX Equity has been able to achieve 80% accelerated depreciation on assets improvements value in year one. The also invest in billboards and energy infrastructure.
James Irvine
“Our team in Miami is made up of the most talented and experienced professionals in the industry,” said James Irvine, Investment Manager at STAX Equity. “We are passionate about growing businesses with a positive impact and look forward to adding jobs in markets across the country.”
STAX Equity is a Miami Beach-based commercial real estate investment company that focuses on net leased retail and industrial assets, including service stations, convenience stores, billboards, and energy infrastructure. They specialize in the acquisition, re-development, and disposition of these assets, and also offer high-quality developer direct NNN sale-leasebacks to the commercial real estate investment market through their brokerage arm. Using its proprietary software, STAX Equity has the ability to underwrite thousands of prospective investment properties at scale.
For more information visit https://staxequity.com/.