Property Name: Magnolia Ridge Logistics Park

Address: Geismar, LA

Total Acres: 185 Acres

Projected Annual Cash Flows: N/A

Projected IRR: 16% – 22% depending on Lot sale velocity

Notable Tenants: N/A

Investment Story:

In 2024, JRE partnered with Ratcliff Development of Alexandria, LA to transform 185 acres into an industrial logistics park featuring 14 lots ranging from 1.75 to 16 acres. The project was capitalized with $8 million in equity raised from 39 investment partners.

Strategically located in the heart of the Geismar corridor, the site is positioned to attract logistics and distribution users serving the region’s robust energy sector. The surrounding petrochemical activity has also driven strong residential growth, fueling demand from e-commerce, food and beverage, and healthcare tenants seeking to leverage these market dynamics.

Recognizing the shortage of stabilized, shovel-ready industrial land, JRE and Ratcliff capitalized on a rare opportunity—large contiguous tracts in Geismar are scarce due to wetlands mitigation requirements, floodplains, and extensive pipeline easements tied to nearby refineries. Less than a year into the project, comparable smaller tracts are trading at prices 10%–15% above our pro forma exit values, validating the strength of the investment thesis.