ABOUT US

Prattco Creekway Industrial (PCI) was launched in 2016 to acquire and manage Class A and B Light Industrial buildings in Texas and surrounding Sunbelt States. The targeted submarkets have a strong tenant demand in areas with increasing population and job growth presenting robust demand for tenants. PCI brings a strong history of leasing, operating and institutional knowledge. With long-time veterans of Lincoln Property Company and GE Real Estate, the partners have over 100+ years of real estate experience both domestically and globally. PCI brings an institutional quality investment and management platform with a core competency in value creation, capital preservation and risk management. The partners of PCI have broad and deep experience in industrial acquisitions, management, leasing and operations.

1.8MM SF

IN CURRENT

PORTFOLIO

20MM+SF

INDUSTRIAL ASSETS

MANAGED

12

OFF MARKET

ACQUISITIONS

2.30X

AVERAGE EQUITY

MULTIPLE

38.4%

AVERAGE IRR

TRACK RECORD

A large white building with a lot of windows

INVESTMENT ATTRIBUTES:

  • Seek vacancy or buildings with below market rent
  • Strong Cash Flow; Purchase stabilized properties in mature submarkets
  • Preservation of Capital – High tenant retention and strong owner user pool
  • Resilient to Commercial RE Market Volatility – Product producing tenants non-financial)
  • Strong risk adjusted overall equity return
  • Proven market disconnect for individual buildings. Inefficiency of the capital markets for a large portion of the product type, particularly Light Industrial

FLIGHT TO QUALITY

During times of uncertainty or disruption in the market, with higher cost of capital for longer, and margins that have narrowed and less pursuit of speculative deals, quality assets are important. But quality people are the priority. Investing in capable, qualified, and battle tested people like PCI’s partners is the differentiator.

GLOBAL VIEW

Investing in partners who have had decades of experience globally and domestically brings a unique and valuable perspective to the partnership. PCI’s partners have extensive experience working within the U.S., Berlin, Central Europe, North & South America, Mexico, Argentina, and multiple other locations in Europe.

REAL ESTATE VETERANS

The partners have over 100+ years of combined real estate experience in investment, development, management, and much more.


» Prior to the formation of PCI, Lance Bozman (Co-Founder) resided in Berlin and Budapest and was a Managing Director for AIG/Lincoln, a European partnership between American International Group Global Real Estate and Lincoln Property Company. Additionally, Lance was an exclusive real estate representative throughout North and South America for EDS, an international technology company.


» Chad Lunsford (Co-Founder) has over 29 years’ experience in commercial real estate encompassing more than $1.3B of acquisitions throughout the United States, Mexico and Europe. During Chad’s 20+ years at GE Real Estate, he was Senior Director, Risk Management and Underwriting for the U.S. and Mexico and was also the Valuation Leader for the $3B European
platform.


» Blake Bozman founded 9 start-up or distressed companies successfully growing and monetizing them once operations/growth were optimized and value had been realized. The companies range from real estate, trucking, technology, footwear, banking and golf-course development. Blake has consulted with an auto finance company in Argentina, collaborating with the Central Bank,
Deloitte, Worcap and others to create an origination model and funding process.

INSTITUTIONAL EXPERIENCE & MINDSET

Equity should seek real estate veterans that are institutionally minded, experienced executives, specifically in risk management, ROE focus, and capital management. PCI has earned this label, based on their partners’ track records, and reflects this in their primary focuses:



» Preservation and equity return priority with careful, conservative, and detailed underwriting experience.

» Value add/value creation which has produced profits through several cycles in challenging environments.

» Capital management/income stream continuity with a history of monetizing companies in a variety of industries.

» Heavy emphasis and skill set within property management with tenant relations/retentions, asset management, equity reporting indicating security of investment.

» Treating all partners’ funds like PCI’s own funds.

LONG-TERM, SYNERGISTIC PARTNERSHIP

PCI’s goal is to find an investor to recapitalize the subject portfolio, and ideally this partnership would continue pursuing future acquisition opportunities as well. PCI’s team, relative to other groups seeking capital, stands above the rest in terms of experience, economic resilience, and partnership collaboration. PCI’s dynamic team, in addition to their track record, makes them a valuable partner during market high and low cycles.

A table showing the track record of assets sold

  • 20MM+ SF

    PCI has managed over 20MM SF of industrial property, and the partners have managed well over this amount during their combined 100+ years of experience.

  • 2.30x

    PCI’s track record has achieved superior returns with realized dispositions/ recapitalizations averaging a 2.30x Equity Multiple.

  • 33 Buildings

    The current portfolio’s 33 industrial buildings are all located within Texas and Oklahoma, both of which PCI is considered experts on.

  • 38.4% IRR

    PCI’s track record has consistently and significantly overperformed, with underwritten deals averaging 17%-21% IRR while actual performance resulted in an average 38.4% IRR.

  • 1.8MM+ SF

    PCI’s current portfolio boasts over 1.8 million square feet of industrial, across 33 buildings with an average occupancy of 98.6%.

OUR MANAGEMENT TEAM

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Lance Bozman

Managing Partner

Lance is the Managing Partner and Co-Founder of Prattco Creekway Industrial (PCI), where he is responsible for overseeing strategic investments and overall business operations.


Lance has more than 38 years of experience in real estate investment, development, and management.


Prior to the formation of PCI, Lance resided in Berlin and Budapest and was a Managing Director for AIG/Lincoln, a European partnership between American International Group Global Real Estate and Lincoln Property Company. He developed office, retail, and industrial assets across multiple countries averaging an IRR return of 50%.


Previously, Lance was an exclusive real estate representative throughout North and South America for EDS, an international technology company. He began his career leasing industrial properties for Lincoln Property Company.


Lance earned a BBA in Finance at Southern Methodist University. He serves, or has served, on the Board for Folsom Institute for Real Estate SMU Cox School of Business, Broadway Dallas (formerly Dallas Summer Musicals), Campus Crusade Hungary, and SMU Alumni. Lance lives in Dallas with his wife Eszter, daughter Sophie, and son Benjamin.

A man in a suit and tie smiles for the camera

Chad Lunsford

Managing Partner

Chad is the Co-Founder of Prattco Creekway Industrial (PCI). He leads in the daily operations, acquisitions and capital market. Chad has over 29 years’ experience in commercial real estate encompassing more than $1.3B of acquisitions throughout the United States, Mexico and Europe. Chad has deep domain knowledge of Industrial, Multifamily and Office product types.


Prior to founding Prattco Creekway, Mr. Lunsford was with GE Real Estate for over 20 years. Prior to his departure, Mr. Lunsford was Senior Director, Risk Management and Underwriting for the US and Mexico. He was also the Valuation Leader for the $3B European platform.


Chad earned his BBA Finance from the University of Texas at Austin and MBA from Southern Methodist University where he graduated with Honors. He is active at Prestonwood Baptist Church and serves on the Board of Directors for Prestonwood Christian Academy.

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Blake Bozman

Managing Partner

Blake is a Co-Founder of Prattco Creekway Industrial primarily leading in capital markets and portfolio leasing activity.


He was a Founding Partner of Drive Financial and Executive President of Sales. What began as a start-up, he grew sales to $2B in auto loans before selling the company to Banko Santander.


Blake has founded 9 start-up or distressed companies successfully growing and monetizing them once operations/growth were optimized and value had been realized. The companies range from real estate, trucking, technology, footwear, banking and golf course development. He started Prattco International (family office) with his brother and dad which focused on private equity real estate investments and oil and gas properties. Blake has consulted with an auto finance company in Argentina, collaborating with the Central Bank, Deloitte, Worcap and others to create an origination model and funding process.


Blake received his B.A. in Marketing from Southern Methodist University. He served on the Board of Veritex Holdings for 15 years, and currently serves on the Board of West Dallas Christian School, Boys and Girls Club and Art House Dallas. Blake is an active member at Watermark Church. He lives in Dallas with his wife Tara. He has three kids, Ryan (she’s married to James Henry), Landrie and Cannon.

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Lauren Tatum

Sr. Property Manager

Lauren Tatum is a commercial real estate professional with more than 15 years of experience managing industrial, office, and medical properties. Throughout her career, she has managed portfolios totaling more than 5 million square feet while serving the needs of over 300 commercial tenants.



Lauren’s expertise includes property operations, financial management, budgeting, lease administration, capital planning, vendor management, and tenant relations. She is known for her attention to detail, integrity, and commitment to delivering exceptional service while protecting ownership’s investment.


Among her proudest accomplishments is helping lead her team to earn Property Management Team of the Year after achieving a perfect SOC I audit and internal audit. She also takes pride in consistently earning positive Kingsley survey results through proactive communication, responsiveness, and a tenant-first approach.


At Prattco, Lauren is dedicated to providing the highest level of customer service to tenants and vendors while keeping ownership’s objectives at the forefront of every decision. She believes successful property management is built on integrity, accountability, proactive communication, and lasting relationships.

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Trisha McGilvery

Sr. Property Manager/Office manager

Trisha McGilvery brings more than 13 years of experience in commercial property management, delivering strategic leadership and exceptional service across diverse real estate portfolios. Her expertise and dedication earned her the prestigious Property Manager of the Year Award from Colliers International.



Her areas of expertise include all facets of commercial property management, with specialized expertise in tenant retention, acquisitions and dispositions, due diligence, and construction management. Trisha has successfully managed office, industrial, and retail properties for a wide range of ownership groups. She also possesses extensive experience in commercial construction and development, as well as establishing and leading property management divisions.


Trisha is originally from Vancouver Island, Canada, and enjoys spending time with her grandchildren and embracing life on the open water whenever she has the opportunity..