Our Approach
Assemblage requires patience, vision, and execution. Success lies in building relationships, navigating ownership structures, and understanding timing. We focus on:
- Strategically acquiring adjacent parcels
- Creating scale for retail, industrial, and mixed-use projects
- Unlocking hidden value by shaping larger development sites
Why It Matters
By assembling multiple properties, we create opportunities for projects that wouldn’t otherwise be possible — delivering outsized value through scale and optionality. This strategy complements our Ground-Up Industrial and Value-Add Industrial strategies. Explore more results in our Track Record.
Case Study — Hunt County Assemblage at US380 & FM36
In Hunt County, Texas, we pursued an assemblage at the northwest corner of US380 and FM36. Parcels 2 and 3 were acquired pre-foreclosure through a complicated heirship and probate situation that spanned multiple intestate estates with signers across the country. By navigating the legal and title complexities — the type we regularly handle in our Distressed Assets practice — we were able to bring the parties together and close the deal.
But Parcels 2 and 3 faced a critical challenge: access was constrained by the Kansas City Southern railroad running along the southern boundary. To solve this, we secured Parcel 1 as an off-market acquisition. That tract provided direct frontage on FM36, eliminating the rail crossing issue and unlocking the entire site’s development potential.
The result was a 32-acre hard corner with frontage on both US380 and FM36 — a site that could be rezoned and repositioned as a Ground-Up Industrial opportunity between McKinney and Greenville. This transaction highlights our ability to solve access and title puzzles, structure complex acquisitions, and turn fragmented parcels into institutional-grade sites.
The Value of Assemblage
- Access Solutions: Strategic acquisitions can resolve critical constraints like landlocked parcels, easement gaps, or railroad crossings.
- Scale: Larger, more marketable development footprints attract institutional capital.
- Problem-Solving: Resolving heirship and probate, access, or title constraints can unlock hidden value others overlook.
- Strategic Location: Corner and infill assemblages create logistics and mixed-use opportunities that fragmented parcels can’t support.
- Optionality: Once stabilized, assembled tracts can be repositioned as Ground-Up Industrial, Commercial Repositioning, or Subdivide plays.
Assemblage — FAQs
What is an assemblage in real estate?
Assemblage is the process of piecing together adjacent parcels to create a larger, more valuable site that unlocks development potential.
Why is assemblage valuable?
Scale creates options. Larger parcels attract institutional buyers, enable rezoning, and support more ambitious development plans.
What types of assets benefit from assemblage?
Retail corners, industrial corridors, suburban growth markets, and mixed-use sites where small parcels alone wouldn’t create enough scale.
What risks come with assemblage?
Timing and cooperation. Negotiating with multiple sellers requires patience and capital readiness — but the upside often outweighs the challenges.
Have a fragmented site that needs vision and execution?
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