Armada’s approach to investing is defined by a relentless pursuit of excellence in every facet of our business.
Team
Armada Capital Partners is a privately held real estate investment firm based in Dallas, TX focused on acquiring opportunistic and value add properties across the country. The firm primarily looks to acquire single-tenant industrial and single-tenant retail properties in top growth markets. Our strategic approach to building relationships with tenants has yielded opportunities to acquire both cash flowing assets and ground up development projects. Armada’s principals have been involved in over 250 investments representing over $1B of investments.
Jesus Araiza
Founder/PrincipalJesus Araiza
jesus@acpinvest.comJesus has been a principal with several DFW based real estate sponsors for the past 15 years. He most recently founded and led a retail platform over the course of 10 years…
Full Bio
Matt Ornstein
Vice President - IndustrialMatt Ornstein
matt@acpinvest.comMatt joined Armada Capital Partners from Hoque Global where he worked as a Development Associate participating in over $900 million of ground up mixed-use real estate…
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Mike Knudsen
Senior Associate - IndustrialMike Knudsen
mike@acpinvest.comMike joined Armada Capital in 2024 as part of the industrial acquisition team. Prior to joining Armada, Mike worked with Stream Realty Partners & more recently with SRS Industrial Partners…
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Kolby Klapper
Vice President - RetailKolby Klapper
kolby@acpinvest.comKolby joined Armada Capital Partners in 2024 from Getty Realty Corp, where she served as an Acquisition Manager. During her tenure, she contributed to Getty’s impressive investment…
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Kylie Fox
Associate: Industrial/RetailKylie Fox
kylie@acpinvest.comKylie joined Armada Capital Partners full-time in 2024 as an Associate in the Industrial and Retail teams. Before this, she interned with the Industrial Investments team, contributing to underwriting…
Full BioWhat We Do
Armada’s principals have been instrumental in the growth of businesses throughout the country. We push everyone at our firm to become “a student of the game” – this mindset has driven us to become experts in both retail and industrial facilities. From quick service restaurants to landscape supply businesses, we have provided real estate solutions in collaboration with our national broker network.
Initial Market Analysis
We immerse ourselves in every aspect of the market and synthesize population growth, availability of labor, facility specs, the competitive landscape, and zoning laws to curate the best options in any given market.
Site Selection
In collaboration with our national broker network, we identify “off-market” properties and move expeditiously to secure viable sites.
Entitlements and
Pre-development
As one of the most critical stages of development, we strategically hire local vendors and are keenly sensitive to the idiosyncratic nature of governmental agencies in an effort to achieve optimal outcomes.
Property Acquisition
Grit and speed define who we are and closing on time has been paramount to our success.
Site Construction
We strive to hire the best in each market while holding all parties accountable throughout the construction process
JV Equity
Our capital is fully discretionary which allows us to participate in various partnership structures.
Sale Leaseback
As a privately held entrepreneurial firm, we are well accustomed to the timelines and nuances involved in a sale leaseback transaction. We own assets across multiple states and markets enabling us to move expeditiously throughout the diligence and closing process.
Op-Co Prop-Co
As a real estate investor, we are an integral part of the operations and have clear visibility into the tenant’s performance. Our creative capital structure allows us to be a true partner with our tenants and thus create real alignment of interests as both a landlord and an equity partner within the “4-walls”.
Investment
Strategy
Armada’s key to sourcing acquisitions is defined by building strategic relationships throughout the real estate eco-system. These relationships value our decisiveness to every opportunity that comes across our firm as we provide feedback on most deals within 24 hours.
- Deal size range: $5M to $100M
- No financing contingency on offers
- Industrial with a preference towards single tenant facilities
- Select Retail in Major Markets
- Location: Sunbelt and Select Midwest and Northeast Markets
Past and present investments:
retail and industrial
states
Portfolio
Armada owns assets across the United States and is constantly looking at new markets. We are highly tenant driven and are frequently looking at multiple market solutions.
Portfolio
Armada owns assets across the United States and is constantly looking at new markets. We are highly tenant driven and are frequently looking at multiple market solutions.
Past and present investments:
states
retail and industrial
Connect
2727 LBJ Freeway, Suite 600, Dallas, TX 75234
Jesus Araiza
Founder/Principal
Jesus has been a principal with several DFW based real estate sponsors for the past 15 years. He most recently founded and led a retail platform over the course of 10 years that acquired approximately 245 assets (representing just under $900M) across the country. Jesus has focused on high growth markets in the Sunbelt and has developed a strong network of brokers and advocates that have enabled him to source off-market deals. Most recently he was an advisor to Crexi, a $500M CRE technology startup that has disrupted the online property marketplaces (LoopNet and Auction.com).
As the product of an immigrant entrepreneur that exposed him to the retail and industrial sectors, Jesus uniquely combines his ‘street’ knowledge with an academic pedigree from Jesuit College Prep and Duke University. Jesus has been a strong supporter of several charitable organizations that focus on low-income childhood education.
Matt Ornstein
Vice President – Industrial
Matt Ornstein focuses on sourcing, structuring and underwriting investment opportunities for Armada and has been with the company since its inception. Matt most recently served as a Development Associate for Hoque Global, helping to underwrite and entitle over $900 million of ground up mixed-use real estate development in Downtown Dallas. Prior to Hoque Global, Matt was an Acquisition’s Analyst at HealthCap Partners, which focused on medical real estate investment opportunities that included both acquisitions, build-to-suits and sale-leasebacks.
Matt has held positions in real estate brokerage, investment, development, and operations. He received a Bachelor of Arts in Finance from St. Edward’s University in Austin, TX
Mike Knudsen
Senior Associate – Industrial
Mike received a Bachelor of Arts degree in International Business with a minor in Economics from Rhodes College in Memphis, TN where he also played on the men’s lacrosse team.
Nick Brunson
Nick joined Armada Capital in 2024 after spending the last decade as a broker and principal sourcing both industrial and multi-family opportunities across the country. He has participated in over $600M in transactions throughout his career. Nick earned his Bachelor’s Degree from Western Governor’s University and holds his brokers licenses in Texas and California. During his time off, Nick enjoys spending time with his wife and two boys.
Kolby Klapper
Vice President – Retail
Kolby has extensive experience in commercial lending and development. She earned her Master of Agriculture Business and Economics from Texas A&M University in College Station, TX, and holds a Bachelor of Arts in Finance and Accounting from Stetson University in DeLand, FL where she was an athlete on the co-ed cheerleading team.
Kylie Fox
During her time at UT, she was a Dean’s List student, actively participated in the Kappa Kappa Gamma Sorority as Vice President of External Affairs, and interned at Sarofim in Dallas, TX.