Thylacine Capital, a national private investment firm, today announced the launching of Thylacine Realty Group, a Miami-headquartered commercial real estate development firm with a forward-thinking vision for value creation in commercial real estate.
Thylacine Realty Group will provide comprehensive services including build-to-suit and fee-development, property management, and brokerage services, in addition to serving in the role of lead investor or co-investor on specific projects.
The firm was formed on the heels of success of the business-building model of its affiliate, Thylacine Capital, an investment firm that provides equity capital to successful middle market companies with exceptional opportunities for growth. Thylacine Capital has been the strategic engine behind firms ranging from those in renewable energy and sustainable technologies, to software, engineering and more.
Thylacine Realty Group will parlay that firm’s entrepreneurial and management expertise together with an extensive national network of influencers—and the 25-year track record of real estate industry veteran Jeremy Shapiro—to capitalize on opportunities in commercial real estate nationwide. Thylacine Realty Group’s initial focus will be on the South Florida region.
“Thylacine Realty Group will deliver opportunistic development, brokerage and property management operations by drawing upon traditional best practices in commercial real estate, combined with nimble, entrepreneurial approaches emblematic of private equity firms,” said Jeremy Shapiro, Director of Real Estate Services for Thylacine Realty Group. “We’ll tap new components of value by viewing transactions from unconventional angles rather than cookie-cutter transactions.”
Shapiro has been involved in successful real estate developments nationwide and is currently culminating the full leasing of two Class-A industrial facilities totaling 320,000 square-feet in Pompano Beach, as well as site development of a 100-acre industrial park in Martin County.
Added Shay Grinfeld, CEO of Thylacine Realty Group, “Thylacine Capital has 15 years experience in building and leading companies in emerging industries. Thylacine Realty Group will capitalize on that firm’s entrepreneurial business models and technologies to provide value-added commercial real estate services.”
Grinfeld noted Florida’s strong path of regional growth, where the firm will initially focus, followed by a rollout of commercial real estate services nationwide.
The new firm will provide commercial real estate services to the office, industrial and retail sectors.
Shapiro previously served as senior regional director for First Industrial Realty Trust, and prior to that was director of development for Codina Development Company. Before that, he developed a broad spectrum of real estate throughout South Florida.
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