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Off-market

Reach owners beforethe property hits the market.

Modal finds privately held assets that fit your acquisition or listing thesis, identifies the principal and opens the conversation while there is no competition for it.

What you're looking for

You tell Modal what a good opportunity looks like.

You describe the kind of asset and owner worth a conversation.

Market
St. Louis MSA
Asset class
Industrial
Building size
100K–300K SF
Ownership
Privately held
Hold period
10+ years
Occupancy
Any — stabilized or partial vacancy

What Modal looks for

The signals behind the opportunity

Modal reads the ownership side of the record.

  • Ownership duration

    Long holds often mean a low basis and an owner open to the conversation.

  • Private ownership

    LLCs, families and partnerships, not institutions with a disposition team.

  • Property size

    Buildings in the range you actually transact.

  • Occupancy

    Vacancy or rollover that can change the hold-versus-sell math.

  • Owner portfolio

    Single-asset owners versus groups holding multiple properties.

  • Owner location

    Out-of-market owners who may be looking to simplify.

One realistic example

From target to conversation

A hypothetical opportunity, shown the way Modal would work it.

Target

  • Industrial
  • 100K–300K SF
  • St. Louis
  • Privately held
  • Long-term ownership

Modal finds

  • 217,000 SF industrial, Earth City
  • Owned for 14 years
  • 83% occupied
  • Held by a private LLC

Decision-maker

Managing Principal of the ownership LLC identified.

Why now

A long hold, partial vacancy and a single-asset owner fit the acquisition thesis.

Outreach

Your Earth City industrial building

Hi Mark — I work with buyers focused on 150K–250K SF industrial in Earth City. Your building has been in the same hands for 14 years, and I'd value 15 minutes to share what comparable assets have traded for recently. Open to a short call?

Result

Owner agrees to a call about valuation and future plans for the building.

From opportunity to conversation

Modal runs the work in between.

  1. Opportunity
  2. Decision-maker
  3. Personalized outreach
  4. Follow-up
  5. Response
  6. Meeting

The conversation you get

An owner conversation, before there is a listing.

A private discussion with the principal about valuation, disposition or a future sale — before a broker pitch or a bidding process exists.

Give us your buy box. We'll find the owners.

Share the market, asset class, size and ownership profile. We'll show you the off-market opportunities Modal would pursue.

See all solutions
Glass office towers rising against a blue sky

Commercial real estate prospecting, run for you. Property data, owner and tenant records, and outreach handled by the Modal team.

Work

  • How it works
  • Property data
  • Solutions

Use cases

  • Off-market
  • Expiring leases
  • Lease-up
  • Build-to-suit

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