We create value
the fundamental
way — leasing
and capital.
Hayden Real Estate Partners acquires under-leased industrial and office assets nationwide, then creates value through hands-on leasing, targeted capital, and a first-hand view of corporate tenant demand.
Buy well. Lease it up. Invest in the asset.
Our model is simple and repeatable: acquire quality industrial and office real estate at an attractive basis, then drive net operating income through the two levers that actually create durable value — leasing and targeted capital.
Buy at the right basis
We acquire well-located, fundamentally sound industrial and office assets that are under-leased, under-managed, or mispriced — below replacement cost, so value creation starts on day one.
Create value through leasing
Leasing is where the money is made. We back every acquisition with a credible view of tenant demand — so we lease vacant and rolling space faster, to stronger credit, on better terms than the market expects.
Invest with disciplined capital
We put capital into the building where it earns a return — modernizing space and function to what today's occupiers actually want, to win leases and retain tenants for the long term.
Where Hayden can move with conviction.
We are built for situations where leasing knowledge and operating execution matter: under-leased assets, near-term rollover, mispriced vacancy, motivated sellers, and functional buildings that need a clearer path to stabilized income.
Industrial, flex, and office
Functional warehouses, flex/R&D, shallow-bay industrial, business parks, and office assets where tenant demand can be matched to space.
Vacancy with a reason
Under-leased, under-managed, capital-starved, or rollover-heavy assets where leasing and targeted improvements can reset NOI.
Nationwide, demand-led
Markets where Hayden has a clear tenant-demand view, local operating coverage, or a specific occupier thesis.
Complexity we can underwrite
Seller timing issues, deferred capital, leasing uncertainty, short weighted-average lease term, and assets overlooked by stabilized buyers.
Have an under-leased asset or off-market situation?
Send the basics. If the demand story is there, Hayden can give quick feedback and move into diligence with a clear leasing and capital plan.
We underwrite the tenant before we underwrite the building.
We see demand before the market does.
Most value-add investors buy a building and hope they can lease it. We come at it from the other side. Our partners have spent their careers representing the corporate occupiers who actually sign the leases — so we see where demand is going 6 to 24 months before it shows up in the market. That insight de-risks the single most important variable in value-add: the lease-up.
- ◆A demand signal, not a guess. A live view of real tenant requirements before they're competed.
- ◆Relationships with decision-makers. Direct trust with the people who sign leases and guarantee the credit.
- ◆Underwriting from experience. Tens of millions of square feet of pattern recognition on what actually gets signed.
- ◆Leasing velocity. We fill space faster and better — the difference between an average deal and a great one.
One edge, applied across the risk spectrum.
Value-add is our core. The same demand insight lets us move up and down the risk curve as the cycle rewards — always taking real estate risk, not demand risk.
Value-Add
Acquire under-leased, under-managed industrial and office at a discount to replacement cost; drive NOI through leasing, retenanting, capital, and better management.
Net Lease / BTS
Secure a corporate tenant first, then build-to-suit or buy-vacant-to-lease and deliver on a long-term NNN lease. Lower-risk, durable, credit-tenant income.
Opportunistic
Distressed, heavily vacant, or redevelopment situations others can't underwrite — because we have a credible view of the demand that fills them.
How the thesis shows up in a deal.
The opportunity is not vacancy by itself. It is vacancy where Hayden has a differentiated view on who should occupy the space, what they need changed, and what they will pay once the asset is made functional.
Under-leased industrial/flex asset
Built on decades at the center of the market.
The partnership pairs one of the most experienced corporate real estate advisory careers in the country with a principal investor who structures, capitalizes, and operates.
Career transaction statistics reflect prior firm experience of the partners and are provided to describe market exposure, not Hayden Real Estate Partners fund performance.
Demand insight, meet principal execution.
A partnership that pairs a career representing the nation's largest corporate occupiers with a principal investor who structures, capitalizes, and operates.
Alex Hayden
Alex has advised corporate occupiers for nearly three decades, most recently as a Vice Chairman at CBRE, where he and his long-time team have completed 2,500+ transactions across 45 states — more than 40 million square feet and $3.5B+ in volume — spanning leases, acquisitions, dispositions, build-to-suits, and sale-leasebacks.
A 1995 Chapman University graduate, Alex is the founding benefactor of the Alexander E. Hayden School of Real Estate at Chapman and chairs the Board of Counselors for the Argyros College of Business & Economics. His relationships and demand insight are the origin of the firm's edge.
Cody Leivas
Cody is a principal-level commercial real estate investor and the founder of Bluebird, a private portfolio of net-lease and value-add commercial assets. He leads acquisitions, underwriting, capital formation, and asset management — the platform that turns demand insight into owned, income-producing real estate.
Across the Bluebird entities he has built the deal structuring, financing, and operating infrastructure behind multi-property commercial ownership, with a focus on disciplined underwriting and hands-on value creation through leasing and capital.
Evergreen investment themes.
These are not blog posts that need a calendar. They are enduring views on where value comes from in industrial, flex, and office assets: tenant demand, functional space, and the mispricing of vacancy.
Send us the next opportunity.
Hayden Real Estate Partners is actively pursuing under-leased industrial, flex, and office acquisitions nationwide. Brokers, owners, and capital partners can send opportunities directly here.