Mindful Capital Group was founded in 2003 by Jeffrey Pechter in Delray Beach, Florida, after his extensive career in commercial real estate and property management. Originally focused on acquiring and operating self-storage assets, the firm developed over 2.2 million square feet of storage facilities. In 2016, it sold a 27-property portfolio (1.5 million+ SF across Florida, North Carolina, and Maryland) for $371 million. Since then, Mindful has pivoted to value-add industrial and flex properties, completing 15 small-bay acquisitions totaling over 800,000 SF in Palm?Beach and Broward Counties over the past three years. The firm is privately held, operating under a partnership structure led by founding CEO Jeffrey Pechter and Managing Partner Patrick Carney. With an active portfolio across Florida and Maryland, Mindful primarily targets small-bay industrial/flex and commercial assets, aiming to reposition undervalued properties. Its investment strategy focuses on value-add acquisitions in strong markets. Top market exposure lies in South Florida; approximately two-thirds of its industrial GLA is concentrated here, presenting a concentration risk if that region softens. Major tenants span light-industrial operators and flexible office users, though no single tenant is known to dominate rent roll.