Investor, Operator and Developer
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What Separates Ninigret?
Our high standards for integrity and ethical conduct, our robust relationships and extensive network of partners and our ability to assemble the talents necessary to solve complex issues and navigate complex market dynamics effectively.
Broad expertise in real estate development and acquisitions, with a nationwide portfolio that represents virtually every area of real estate including: industrial and warehouse buildings, offices, retail and multifamily complexes.
Recent Acquisitions
Shops at Lakeside
The Shops at Lakeside Village, located at 1702 Pooler Parkway, Pooler, Georgia, totals 10,7040 SF (1.83 Acres) and is made up of four individual suites.
Whitfield:
Whitfield, located at 6791 Whitfield Industrial Ave, Sarasota, FL, is a Light Industrial Complex totaling 48,800 SF (3.44 AC) and contains three building facilities made up of 6 units per building.
Causeway Center:
Causeway Center in 2609 Causeway Cent Drive Tampa, FL is a 9-Building Industrial Complex that is made up of 92,000 SF (8.2 Acre) and features 22 units.
74 Columbia:
74 Columbia, located at 74 Columbia Drive in Pooler, GA, is an Industrial Flex facility consisting of one building with three units totaling 19,305 SF (1.74 AC).
Tesla:
Tesla, made up of 13,985 SF (4.49 AC) and 20 Parking spaces, is a retail facility located at 8900 Colonial Center Drive, Fort Myers, FL.
About The Ninigret Group, L.C.
The Ninigret Group was formed in 1993 by Randolph Abood to engage in the business of developing, managing and owning real estate. An outgrowth of the G & R Realty Company formed by Mr. Abood in the mid-1980’s, the Ninigret Group has developed and co-owned a 178-acre business park in Salt Lake City known as Ninigret Park, a 400-acre business park known as Ninigret Technology Park, a 185-acre site in Syracuse City, Utah known as Ninigret North and a 400-acre site called Ninigret Depot.
The Ninigret Group has completed over $300 million worth of real estate transactions over the last 25 years and currently owns and manages a 30-building portfolio in Utah, Florida, Arizona, Texas, Colorado, Georgia and Rhode Island. Ninigret’s investment strategy focuses on identifying attractive markets, and within these markets, higher-yielding properties that trade below replacement cost. The portfolio has encompassed primarily industrial warehouse and manufacturing, office, medical office, self-storage, stand-alone retail, and multifamily.
Ninigret projects have been featured in the Wall Street Journal, the Salt Lake Tribune and publications by NAIOP the National Real Estate Development Association. The Ninigret Group was awarded Developer of the Year in 2009 by the Utah division of NAIOP, the first year of the award.
News
The Ninigret Group Expands its Presence in the Savannah MSA
The Ninigret Group has completed the acquisition of the Shops at Lakeside Village, a 16,750 square-foot retail center located in Pooler, GA. Pooler has been one of the Savannah MSA’s most active markets for new development and retail leasing as the port city has undergone robust economic growth. The submarket commands a higher price point […]
Ninigret Group Enters Austin, TX
The Ninigret Group recently closed on the sale-leaseback of a flex-industrial portfolio at 9417 Circle Drive in Austin, Texas. The property features 27,900 square feet of rentable area between 3 newly constructed buildings and will be leased back for an initial term of 5 years.
Ninigret Group Acquires Fort Myers Tesla Dealership
The Ninigret Group has completed its acquisition of 8900 Colonial Center Drive in Fort Myers, Florida. The single-tenant property was leased to Tesla in February 2021. The 4.5-acre parcel purchased by the Utah firm contains a 13,985 square foot building with a parking lot area providing 280 spaces for customer and inventory parking. The building […]