Karis — Greek for “grace” — reflects the disciplined foundation on which our company was built. Since 2014, we’ve operated at the intersection of real estate and critical infrastructure, delivering cold storage, industrial, and data center projects with speed, scale, and certainty.
Karis was founded by Jake Finley with a focus on industrial acquisitions and development. Backed by private capital, the platform pursued value-add investments and build-to-suit opportunities.
Karis formed its first institutional joint venture focused on last-mile demand, totaling $99M in development cost. The portfolio was later realized through sales to institutional investors totaling $172M, generating a 3.6x MOIC.
Recognizing a significant supply-demand gap, Karis secured strategic growth capital from two multi-billion-dollar investors to launch the Karis Cold platform. Construction began on a build-to-suit facility for Americold (NYSE: COLD).
After executing its initial business plan, Karis realized its seed portfolio, delivering strong returns. Building on this momentum, Karis formed a programmatic venture with the State Board of Administration of Florida (SBAF).
Karis accelerated growth in the cold storage sector through a diversified strategy, acquiring existing assets and securing key development sites across SC, FL, and VA.
Karis breaks ground on sites in Chicagoland, Charlotte, Norfolk, Daytona Beach, Jupiter, Jacksonville as well as developments for PepsiCo (NASDAQ: PEP), FreezPak Logistics and Ravago. Karis AUM exceeds US$1B.
Karis launched its data center platform with 1,500 acres and 3GW of capacity, expanding development and land acquisition through strategic partnerships.
