Skip to content
Medical & Class B Office Buildings - $25M+ AUM photo 1

Streamline Investment Group III Fund

Balanced
Mesa, AZ
Target Return
15.00%
Minimum
$50,000
Hold Period
5 Years
Streamline Capital Group, LLCSponsored by Streamline Capital Group, LLC · $25M AUM
Overview

Streamline Investment Group III Fund is a $15M private real estate fund targeting the acquisition of 4-6 value-add medical and Class B multi-tenant office properties across high-growth Phoenix submarkets. The fund is structured to identify assets priced below replacement cost with operational upside through lease-up, repositioning, and targeted capital improvements, with a focus on demand-driven tenant profiles including healthcare, professional services, and small-suite office users. Streamline's vertically integrated platform oversees acquisitions, construction, and property management under one roof, providing direct operational control throughout the investment lifecycle.

Why This Opportunity

  • Recession-resistant tenant mix: Medical and healthcare tenants provide income durability through economic cycles, while Class B multi-tenant office delivers adaptable, affordable space preferred by small suite users

  • Diversified Phoenix portfolio: 4-6 property fund structure across multiple Phoenix submarkets reduces single-asset concentration risk

  • Below-replacement-cost basis: Target assets priced below replacement cost, creating baked-in equity at acquisition

  • Demand-driven submarkets: Phoenix is the 4th fastest-growing market in the U.S., adding 100,000+ new residents annually, supported by $1B+ in recent healthcare investment

  • Institutional tenant roster: Healthcare systems including Mayo Clinic, Banner Health, and HonorHealth driving submarket demand, alongside major corporate anchors like TSMC and ASU

  • Vertically integrated sponsor: Streamline controls acquisitions, construction, and property management in-house, reducing third-party execution risk

  • Attractive fund economics: 8% preferred return with 80/20 profit split and tax-advantaged growth (depreciation, 1031 eligible, SDIRA compatible)

  • Projected returns: 15% target IRR with a 1.75x equity multiple over a 5-year hold

Deal Structure

  • Capital raise: $15,000,000

  • Target: 4-6 value-add medical and Class B office properties

  • Preferred return: 8%

  • Profit split: 80/20 (LP/GP)

  • Minimum investment: $50,000

  • Hold period: 5 years

  • Accepts SDIRA (Self-Directed IRA) capital

  • Offering: 506(c) Reg D, accredited investors only

Prospective Fund Targets

The fund has identified representative acquisition candidates illustrating the types of assets targeted:

  • Uptown Medical Center (formerly Parkwood Professional Plaza): 73,532 SF medical/office along Phoenix's light rail corridor at 19th Avenue and Camelback, adjacent to Abrazo Central Campus and the $500M+ Christown Spectrum redevelopment. $10M total project cost targeting 11.38% IRR and 1.80x MOIC

  • Hayden Corporate Center: 55,015 SF two-story office in Scottsdale, 100% leased to small-suite tenants with an 8.16% in-place cap rate, near Gainey Ranch and McCormick Ranch. $10.96M total project cost targeting 12.51% IRR and 1.75x MOIC

  • 2730 Agua Fria: 32,741 SF Class A office at I-17/Loop 101 in Deer Valley submarket, fully leased to healthcare, tech, and financial service tenants. Minutes from TSMC's $30B development. $7.29M total project cost targeting 11.81% IRR and 1.71x MOIC

  • Park Place: 59,326 SF small-suite office in Phoenix's Camelback Corridor, 82% occupied with 31 suites averaging 2,000 SF. Priced at 40% discount to replacement cost. $13.39M total project cost targeting 9.13% IRR and 1.54x MOIC

How Allocation Works
$15,000,000
Offering Size
÷
$50,000
Minimum
=
300
Investor Limit
300 is the investor limit if everyone invests the minimum. Since many invest more, the offering typically fills with fewer.
Project Your Returns
The Market

Mesa, AZ

Streamline Investment Group III Fund targets Greater Phoenix, one of the fastest-growing metros in the United States, with concentrated deployment across medical office and small-suite Class B office submarkets benefiting from population growth, healthcare expansion, and corporate relocation.

Greater Phoenix MSA

  • 4th fastest-growing market in the United States, adding 100,000+ new residents annually

  • $1B+ in recent healthcare investment anchored by Mayo Clinic, Banner Health, HonorHealth, and emerging health tech operators

  • Home to major innovation corridors including ASU, TSMC's $30B semiconductor development, and the Elliot Technology Corridor

  • Business-friendly environment with low corporate tax rates, streamlined permitting, and competitive cost of living

  • Low office vacancy in Class B assets as medical and small-suite tenants prefer cost-effective, well-located space over new Class A construction

Mesa & East Valley

  • Mesa is the third-largest city in Arizona with a population exceeding 500,000 residents

  • Diversified economy across healthcare, education, aerospace, advanced manufacturing, and technology

  • Major employers include Banner Health, Boeing, and multiple higher-education institutions

  • Proximity to Phoenix Sky Harbor International Airport and major freeway corridors supporting regional connectivity

  • Sustained in-migration, corporate relocation, and workforce expansion driving demand for medical and professional office space throughout the East Valley

Medical Office Fundamentals

  • Recession-resistant tenant base driven by aging demographics and expanding healthcare infrastructure

  • Small-suite medical and professional tenants prefer affordable Class B product over new Class A construction

  • Supply-constrained inventory of well-located small-suite office, supporting rent growth and occupancy stability

  • Population and healthcare spending growth outpacing commercial real estate development, creating embedded value for existing assets

Common Questions

Relli is a private real estate marketplace that connects investors directly with institutional sponsors. We source opportunities that typically move through private networks and closed investor circles, vet each deal and sponsor, and list them in one accessible marketplace. When you find a deal that fits, express your interest and we connect you directly with the sponsor. No commissions, no middleman fees.

Experienced real estate operators and fund managers with proven track records. Every sponsor is vetted for operational history, assets under management, and prior performance before any deal is listed.

No. Relli is free for investors. You invest directly with the sponsor with no platform fees, no commissions, and no extra charges.

Property visits are not currently available. Each investment page includes detailed property information, photos, financial projections, and sponsor materials so you can evaluate every deal before expressing interest.

Sponsors provide regular updates on property performance, distributions, and key developments. The frequency varies by deal but you can expect quarterly updates at minimum through your Relli dashboard.

Within 24 hours, our team reaches out to confirm fit and introduces you directly to the sponsor. You have a one-on-one conversation to ask questions, review terms, and evaluate the deal. If it is right for you, you invest directly with the sponsor. No middleman, no extra fees.

Target Return
15.00%
Equity Multiple
1.75x
0 Views
300 Investor Limit

Initial Investment ($)

$50,000$50,000$1M

Assuming your selected investment, after 5 years you could expect a return of:

Projected Return (5 yrs at 15% IRR)
$87,500
Irvine, CA 92612

Relli is a technology marketplace. We do not process transactions, hold investor funds, or act as a broker-dealer. All investments are made directly between the investor and the sponsor.

No communication whatsoever by Relli, Inc. (“Relli”) or any of its affiliates through any medium should be construed or is intended to be a recommendation to purchase, sell, or hold any security, or to provide investment, tax, financial, accounting, legal, regulatory, or compliance advice …

Any historical returns, expected or target returns, or projections are not indicative of future performance and do not guarantee future results. All investments carry risk, including the potential loss of principal.

The content provided by Relli is for general informational purposes only and does not constitute financial or investment advice. While efforts are made to ensure accuracy, Relli makes no guarantees as to the completeness, timeliness, or reliability of the information presented. Any links to third-party websites are provided solely for convenience, and Relli does not endorse or assume responsibility for the content or accuracy of those sites.

Copyright © Relli, Inc.