Company

Being able to identify mispriced assets with compelling underlying value and have the conviction to act in the absence of perfect clarity.
Richard F. Smith, Jr. | Founder

Avir Realty Group

Avir Realty Group is an opportunistic real estate investment group that invests in existing industrial and suburban office properties which we typically redevelop or reposition to generate high, risk-adjusted, rates of return. Our focus is on small to medium sized projects purchased at initial yields significantly higher than larger, widely marketed assets. By concentrating our activities on the Philadelphia Metropolitan area where we believe macro-economic data obscures crucial details of individual submarkets where we feel we are uniquely positioned to create value.

Avir’s guiding philosophy incorporates careful attention to risk management including such elements as:

  • Careful analysis of existing property cash flows
  • Selection of supply constrained submarkets
  • Evaluation of expansion opportunities

Avir’s highly experienced professional team:

  • Invests primarily in industrial and office assets in targeted geographic markets
  • Develops these assets, manages them and disposes of them based on optimal timing and conditions
  • Controls risk through rigorous asset analysis, selection, re-development and management
  • Generates consistently superior returns for investors
  • Adroitly manages the challenges of the real estate market

What Our Tenants Say

As an international company with many facilities worldwide, Richard Smith and Avir Realty Group have been the best Landlords I’ve every worked with.

Rocky Chong

Director of Procurement, Projects & Business Development, Hyundai-Rotem

I work with a lot of Landlords and you sir, are a pleasure to work with. We truly appreciate the way you work within this ever changing landscape.

David Rubin

VP of Facility Management, NP, Inc.