Eitan Gerszberg
By Joshua Burd
Kadima Industrial Partners is leaning into the industrial outdoor storage sector with a new dedicated platform and the addition of Eitan Gerszberg as director of IOS acquisitions.
The firm, formerly known as DH Property Holdings, has a growing footprint in the region that includes multiple properties in New Jersey. Gerszberg will lead the next phase of its expansion in industrial outdoor storage, a fast-growing subsector, bringing deep experience in sourcing, underwriting and scaling platforms nationwide.
Kadima’s recent IOS acquisitions in the region comprise more than 100 acres valued at more than $200 million, including a unique 50-acre site in New York City, a portfolio that it now plans to scale across the East Coast and Sunbelt markets, the firm said. In connection with its expansion, it recently completed a lease at 1900 South Ave. in Staten Island that brought the property’s annual net operating income to more than $11.5 million, up 400 percent from the time of acquisition in December 2020, making the site one of the most valuable single-asset IOS sites in the country.
Prior to joining Kadima, Gerszberg served as a director at Vanbarton Group, where he launched the firm’s IOS platform. Before Vanbarton, he was the third investment professional at Zenith IOS, helping to grow the company into one of the country’s largest operators in the space as part of a tenure in which he was involved in more than 50 transactions totaling some $400 million in capitalization across the United States.
Gerszberg also previously worked at 2020 Acquisitions, contributing to the acquisition, construction and financing of 3 million square feet of industrial development, Kadima said. He graduated from New York University’s Stern School of Business with concentrations in finance and data science.
With its investment in the new vertical, Kadima has also promoted Zev Markowitz to director of acquisitions, noting that he’ll lead the firm’s Class B acquisition strategy. It has also elevated Ariel Tambor to managing director and head of acquisitions across all industrial sectors, as the firm continues its rapid expansion in the Class B space, with more than $450 million of acquisitions across more than 20 transactions and more than 2.5 million square feet throughout the Northeast.
Based in New York City, the industrial real estate development, investment and asset management firm has developed more than 4 million square feet of infill Class A logistics facilities over the past decade and currently owns and operates over 6 million square feet with total capitalization exceeding $2.3 billion. Historically, 80 to 90 percent of Kadima’s transaction volume has been sourced off-market, reflecting what it described as deep relationships across ownership, brokerage, tenant and capital provider networks.
It said the launch of an IOS platform represents a natural extension of its industrial expertise and data-driven approach, further strengthening its ability to identify, acquire and reposition high-quality outdoor storage assets in competitive urban-core markets.
