Open Industrial is a privately held real estate investment manager headquartered in Bethesda, Maryland, focused exclusively on industrial properties, typically with outdoor storage, in the United States with assets concentrated on the east coast. Founded in 2020, the firm was formed to capitalize on the growing demand for mission-critical industrial land that supports logistics, construction, equipment rental, utilities, and infrastructure-related users. Open Industrial positions IOS as a distinct and undersupplied subset of the broader industrial sector, emphasizing low-coverage, paved or graded sites with by-right outdoor storage zoning. The firm’s investment strategy centers on acquiring small- to mid-scale IOS assets, generally ranging from 2 to 20 acres, in infill and secondary industrial submarkets with strong transportation access. Open Industrial emphasizes off-market sourcing that identifies zoned industrial parcels and tracks acquisition opportunities nationwide. Assets are typically leased to single tenants whose operations rely heavily on outdoor yard functionality, resulting in durable occupancy and operational stickiness.