Where The Sun Shines Bright.
What’s in a name? Apricus (ah-pre-kus) is derived from the Latin adjective aprica, which means “warmed by the sun.”
Who We Are
Apricus Realty Capital is a Dallas-based commercial real estate investment manager specializing in Industrial Outdoor Storage (IOS). We target strategically located assets with creditworthy, mission-critical users, limited competing supply, and durable fundamentals that support resilient performance across market cycles.
We also evaluate opportunistic office investments on a selective basis, prioritizing situations where pricing dislocation, asset quality, and active execution create attractive risk-adjusted returns.
Principals have executed over $9 billion in investment transactions
Principals have completed over 3,100 leases
Principals average over 30 years of experience investing, managing and operating real estate portfolios
What We Do
Investment strategies clearly defined
Risks thoroughly analyzed
Decisions driven by factual evidence and objective analysis
Vertical Integration
Investment Criteria
Asset Type
Industrial Outdoor Storage (IOS) – View Investment Criteria
Office – Class A
Risk Level
Core-plus, value-add, and opportunistic
Investment Size
IOS -$5 to $20 million gross
Office – $25 to $200 million gross
Portfolio
Success Stories
Principals experience at non-Apricus properties.
Republic Center, Dallas
During the first ten months of the assignment, the team accomplished the following:
- Completed deals totaling 112,000 RSF.
- Created the highest leasing velocity of any Dallas CBD office building.
- Decreased operating expenses approximately $1.0 million through competitive bidding and operating efficiencies.
The AIA deal at Republic Center was awarded the 2017 Deal of the Year for Neighborhood Impact by Dallas Business Journal.
Two American Center, Tyler, Texas
The team worked for (time period?) on the project, accomplishing the following:
- Replaced antiquated pneumatic controls with state-of-the-art digital controls and building automation.
- Conversion resulted in significant operating savings and value enhancement of 4X on initial investment.
- Going “green” reduced energy consumption by 35%.
O’Hare Industrial Portfolio
- 955,000 SF industrial portfolio in Elk Grove Village, Illinois
- Infill industrial portfolio performing below market due to inattentive and capital-constrained ownership.
- Over 15 months, completed 215,000 SF of new and renewal leasing. Occupancy increased from 75% to 89%
3/4 Park Central, Dallas
Because of the efforts of the team, the following was accomplished:
- Occupancy was increased from 29% to 88% within 18 months of takeover
- Raised the effective rental rates by 25% during the same time frame
- Resulted in becoming the submarket leader in activity and showings
200 S. Wacker, Chicago, Illinois
- 750,000 SF, Class A office property located in the Chicago CBD
- Recapitalization of a distressed Class A building on Wacker Drive, Chicago’s preeminent office location. Opportunity to re-establish the property through renovations, complete tenant allowance packages, and a new marketing team.
- Completed renovations and executed over 200,000 SF of leasing with rental rates ahead of pro-forma.
