Founded in 2005 by Doug Wertheimer and Norman Villarina, Berkeley Partners is a vertically integrated real estate investment firm headquartered in Oakland, California. The company specializes in the acquisition, management, and repositioning of multi-tenant light industrial assets across the United States. Berkeley Partners has evolved from serving high-net-worth investors to managing institutional-grade funds, including joint ventures and separate accounts, with a focus on value-add and core-plus strategies. The firm’s investment strategy centers on light industrial properties—typically under 250,000 square feet—such as last-mile warehouses, small-bay business parks, and low-coverage outdoor storage. These assets serve a diverse tenant base including logistics, manufacturing, and service-oriented businesses. Berkeley Partners targets growth and gateway markets with strong demand fundamentals, using a top-down market selection approach combined with bottom-up asset-level underwriting. As of Q3 2025, Berkeley Partners and its affiliates manage over 11 million square feet across 106 properties in 14 active markets. The firm maintains offices in Oakland, Dallas, Boston, and Denver, supporting its national footprint with regional expertise. Top market exposures include the Bay Area, Greater Boston, and Dallas-Fort Worth, with notable concentration in California and Massachusetts.