About

Metal Investments LLC (“Metal”) was founded by Pearce Vogler to serve as a private investment platform focused on acquiring industrial and flex properties nationwide. Prior to founding Metal, he worked as an investment sales broker for the largest net lease brokerage firm in the country. His past clients included high net worth individuals, family offices, partnerships and REITs.

Pearce graduated early and with honors from Clemson University, a top 20 public university, with a Bachelors in Accounting and a Masters in Taxation. He is a licensed CPA and spent the first several years of his career working for a “Big 4” accounting firm in Charlotte, NC. His focus in public accounting included tax advisory, compliance, and mergers and acquisitions (M&A) primarily in the telecom and energy industries.

Industrial space leases quickly and with very little capex or improvements necessary from the Landlord as compared to other asset classes such as Multifamily, Office or Retail.

Industrial space attracts tenants that fulfill basic everyday needs, such as HVAC contractors, building materials suppliers, and distribution which makes the asset class resistant to recessions and rising e-commerce.

Building new industrial space is cost-prohibitive; it is almost always cheaper to buy existing space versus building new space. Additionally, cities and municipalities push back on granting industrial zoning, making it scarce and more valuable.

Industrial properties are typically in infill or urban locations and in close proximity to Interstates. In other words, the “dirt” or the land on which the building sits is valuable in and of itself due to location.

Tenants rarely relocate because they have few (or zero) options in their market due to low vacancy rates. It is also often much more expensive for an industrial tenant to relocate due to the costs of moving their machinery and equipment, not to mention the downtime their business will face during relocation.