In an investment world overflowing with complex financial products, transparency and simplicity have never been more valuable. At Phoenix Industrial Redevelopment (PIR), we believe investors deserve to know precisely how their capital is working for them—and why. That philosophy is at the heart of our PIR FixedFunds Program®.
For accredited investors seeking predictable returns backed by real assets, the PIR FixedFunds Program® offers a compelling pathway into the dynamic world of industrial real estate—without the operational headaches of direct property ownership. Here’s a closer look at exactly how the program works, and how it fits into America’s evolving industrial landscape.
Why Industrial Real Estate?
Before diving into mechanics, it’s worth revisiting why we’re so passionate about small-bay, multi-tenant industrial real estate. Industrial properties have become the backbone of the U.S. economy, driven by trends including:
- Reshoring and supply chain restructuring bringing manufacturing closer to home
- E-commerce growth requiring localized distribution hubs
- Entrepreneurial manufacturing demanding flexible, scalable spaces
- Urban infill opportunities revitalizing older industrial neighborhoods
Yet, many investors shy away from industrial real estate because of:
- Significant capital requirements
- Management and operational responsibilities
- Market complexity and specialized knowledge
The PIR FixedFunds Program® was designed to address these challenges—bridging the gap between institutional-grade industrial investments and individual investors seeking simplicity and security.
The Basics: What is the PIR FixedFunds Program®?
At its core, the PIR FixedFunds Program® is a private debt investment program offered to accredited investors. Here’s how it works:
- Investors purchase promissory notes issued by PIR
- Funds are used by PIR to acquire, renovate, and operate small-bay industrial properties
- Investors receive a fixed annual return, paid either monthly (Income Notes) or compounded for growth (Growth Notes)
- Investments are secured by the underlying portfolio of industrial assets
In short: you lend your capital to PIR, and we put it to work in the industrial real estate sector we know best.
Two Note Options: Income vs. Growth
PIR offers two flexible pathways within the FixedFunds Program®, allowing investors to choose the structure that best fits their financial goals.
- Income Notes
For investors seeking steady cash flow, Income Notes deliver:
- Fixed 8.0% annual interest rate
- Paid in monthly installments
- 5-year term, with two one-year extension options
- Minimum investment of $50,000, with increments of $10,000
This option is ideal for those who want consistent monthly income to supplement other investments, living expenses, or reinvestment strategies.
- Growth Notes
For investors focused on wealth accumulation, Growth Notes provide:
- Fixed 8.0% annual interest rate
- Interest compounds monthly, yielding an effective annual return of 8.30%
- Principal plus accumulated interest paid at maturity
- 5-year term, with two one-year extension options
- Minimum investment of $50,000, with increments of $10,000
Growth Notes are a powerful tool for investors who prefer to let their capital compound over time, deferring distributions until the investment’s maturity.
Stepped-Up Yields for Larger Investments
Investors making larger commitments benefit from higher yields:
- Tier 1 ($50,000 to $499,999): 8.00%
- Tier 2 ($500,000 to $999,999): 8.25%
- Tier 3 ($1,000,000+): 8.50%
This tiered structure rewards investors for deeper participation, offering attractive rates above many traditional fixed-income alternatives.
Where Does Your Money Go?
Transparency is essential. Here’s how capital invested through the FixedFunds Program® is deployed:
Acquisition of Industrial Properties
PIR uses investor capital to acquire small-bay, multi-tenant industrial properties across key U.S. markets. We target properties that:
- Range from 20,000 to 100,000 square feet
- Require renovation or repositioning
- Offer strong tenant demand due to strategic locations
Our goal is to find properties overlooked by larger institutional players, where we can create value through targeted improvements.
Renovation and Value-Add Work
Once acquired, PIR implements a comprehensive renovation plan, which may include:
- Upgrading electrical systems for modern manufacturing needs
- Improving loading and logistics capabilities
- Modernizing exterior façades and landscaping
- Reconfiguring interior spaces for tenant flexibility
These improvements enhance tenant appeal, increase occupancy rates, and ultimately drive higher property values.
Stabilization and Operations
Our affiliated company, Grid Property Management, oversees daily operations. We ensure:
- Professional tenant relations
- Predictable cash flow management
- Efficient expense control
- Proactive maintenance and property care
This operational rigor translates into reliable income streams that support our fixed note payments to investors.
Why Fixed Returns Make Sense
Unlike direct equity ownership, which can involve variable returns and market volatility, the PIR FixedFunds Program® provides:
- Predictable income insulated from daily property management challenges
- Reduced volatility compared to equity investments or public markets
- Security through asset backing as notes are collateralized by PIR’s industrial portfolio
This stability makes the program particularly attractive during periods of economic uncertainty or market fluctuations.
Security Measures for Investors
While every investment carries risk, PIR has designed the FixedFunds Program® to mitigate potential downsides through:
- Collateralization: Notes are secured by PIR’s interests in industrial properties, offering a real asset foundation
- Diversification: Investments are spread across multiple properties, reducing exposure to single-asset performance
- Proven strategy: PIR has an established track record of acquiring, renovating, and stabilizing small-bay industrial properties nationwide
We believe our experience and disciplined approach help protect investor capital while delivering attractive fixed returns.
Participating in the PIR FixedFunds Program®
Joining the FixedFunds Program® is a streamlined process:
- Review Offering Materials: Investors receive detailed documentation explaining the program’s structure and risks.
- Confirm Accreditation: Participation is limited to accredited investors as defined by U.S. securities regulations.
- Select Your Investment Type: Choose between Income Notes and Growth Notes—or allocate funds to both.
- Complete Subscription Documents: Formalize your participation.
- Start Earning: Investors begin accruing interest as soon as funds are deployed.
Throughout the investment term, PIR maintains regular communication and transparency regarding the program and portfolio.
Building Wealth with Industrial Real Estate—Made Simple
At PIR, we believe that investors deserve access to the powerful returns offered by industrial real estate without the headaches of direct property ownership. The PIR FixedFunds Program® offers exactly that: a simple, secure way to participate in one of America’s strongest real estate sectors.
Whether you’re seeking steady income or long-term growth, the FixedFunds Program® provides a clear path to putting your capital to work in America’s industrial future.