Prior Investments

iStorage

Founded in 2012 and largely funded by friends and family capital, iStorage owned and operated self storage facilities across 13 states. The company was built rapidly to over 70 locations within the first 3 years.

Chris Harris and Rob Consalvo were both executives with the company during this period, leading as the CEO and COO respectively. They oversaw the development of all operational infrastructure, and recapitalization of the portfolio with a state pension fund in 2014. In 2016, National Storage Affiliates (NYSE:NSA) and Smart Stop Self Storage purchased iStorage assets, the brand, and its in-house proprietary technology for a $700 million combined price.

JLE Industries

In 2014, the team invested in JLE Industries, a 100% asset-based full-service logistics and transportation management company specializing in long-haul flatbed routes across the USA.

JLE highlights include the deployment of an in-house proprietary marketing and dispatch platform. JLE grew to a fleet of more than 250 flatbed tractors by 2018. That same year, the company was recapitalized with a global market leader in logistics real estate for $80 million.

In 2022, JLE Industries was named the winner of Commercial Carrier Journal’s Innovator of the Year award and the Ernst & Young Entrepreneur of the Year award.

Current Portfolio of Companies

Store Space

Mr. Harris and Mr. Consalvo were co-founders of Store Space in 2018.

At present, the company owns and operates, over 100 facilities, with a portfolio valuation of over $1 billion.

The company has multiple sources of private and institutional capital that has enabled continued growth, recently completing more than $330 million in recapitalizations over the last two years and includes approximately $400 million in future equity commitments.

Storage360

Mr. Harris and Mr. Consalvo co-founded Storage360® in 2019 with the goal of building the most sophisticated, privately owned software platform in the self storage industry.

Storage360 is a cradle-to-grave proprietary self-storage operating platform, featuring a comprehensive suite of technology products. It has been beta-tested on Store Space since 2019, producing industry-leading performance. Future plans include launching Storage360, as a SaaS platform, to the open market
in 2023.

Sud Stop

Sud Stop is a premium, subscription-based express car wash company. The company blends the latest in car wash and experiential technology with premium guest relations to create an enhanced, streamlined user experience at multiple price points.

Backed by the investment prowess of Real Capital, Sud Stop acquired multiple high-visibility, high-traffic properties beginning in 2023, opening its first location in Bradenton, Florida. The company’s short-term expansion is concentrated throughout the Southeast, with multiple locations scheduled by 2025 in Florida, Georgia, Alabama, North Carolina and South Carolina.

PacRidge

In 2021, Real Capital Partners invested in Pacific Ridge Corporation, a regenerative farming and technology venture. PacRidge partners with 100+ farms and presently includes over 25 products and 10,000 tons of crops harvested.

PacRidge highlights include the development of the TrueCrops mobile app to facilitate transparency and connectivity among farmers, providing live market pricing, improving performance, and establishing contracts and deliveries for harvested crops.

PacRidge’s partners and customers include multi-national brands such as Walmart, Target, Publix, Costco, and Sam’s Club.