MDH Partners
Real estate investment firm acquiring industrial properties.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $130m | Growth Equity non VC | |
| Total Funding | 000k | ||
MDH Partners is an Atlanta-based real estate investment company focused on acquiring and developing industrial properties across the United States for institutional investors. The firm was founded in 2005 by Jeffrey Small and Michael Pelt as the successor to M.D. Hodges Enterprises, a real estate development company with a 50-year history. Jeffrey Small, whose grandfather Mark Durward Hodges founded the predecessor company, joined his grandfather's firm in 1993 and later became CEO. Michael Pelt joined in 1998 as Chief Investment Officer.
MDH Partners operates through discretionary funds, investing in and managing industrial real estate. The company has participated in over $7 billion worth of acquisitions, developments, and asset management, covering more than 92 million square feet. Its business model involves raising capital from institutional investors, such as large university endowments and foundations, to acquire and develop industrial assets. The company targets value-add opportunities, including multi-tenant "last mile" facilities and Class A logistics centers, to serve e-commerce and traditional distributors. MDH has managed multiple funds, including a $350 million Fund I (2019), a $750 million Fund II (2021), and a $1.2 billion Fund III (2024). The firm has a track record of significant transactions, including a $1.26 billion sale of a 58-property portfolio to a sovereign wealth fund in 2022.
The firm serves institutional investors seeking exposure to the U.S. industrial real estate market. Its portfolio includes logistics properties, distribution centers, and other industrial facilities located in key growth markets and logistics hubs, primarily in the Sunbelt and across the United States. As of early 2025, MDH Partners owns and manages approximately 32-35 million square feet across 30 markets in 18 states.
Keywords: industrial real estate, logistics properties, real estate investment, asset management, property development, institutional investors, value-add acquisitions, e-commerce facilities, distribution centers, last mile logistics, Sunbelt markets, real estate funds, portfolio management, commercial properties, speculative development, warehouse acquisition, logistics hubs, private equity
