Inclenberg Investments

Inclenberg Investments is a private investment firm established in 2011, with a specialized focus on direct investments within the real estate sector. The firm leverages its extensive experience across various asset classes and financing structures to generate compelling risk-adjusted returns. Operating with offices in Florida and Texas, Inclenberg Investments emphasizes a pragmatic approach, enabling swift and efficient underwriting and commitment to new investment opportunities.

The firm was founded by David Gochman in early 2012, following his family's sale of Academy Sports & Outdoors to KKR in 2011. Gochman, who previously served as Chairman, President, and CEO of Academy Sports & Outdoors, brought his significant experience in real estate decision-making from his tenure at the retail company to establish Inclenberg Investments as a single-family office. The firm's history showcases a progression from funding its first real estate project—a fulfillment center—in 2012, to expanding into various real estate ventures including industrial assets, office projects, student housing, and medical facilities.

Inclenberg Investments' strategy involves mitigating risks through partnerships with preferred developers and sponsors across the country. The firm's diverse balance sheet and merchant mentality allow for rapid underwriting and funding of projects. Notable investment activities include build-to-suit developments, value-add industrial assets, LEED-certified office headquarters, speculative warehouses near major US ports, and strategic land acquisitions for future development.

The leadership team at Inclenberg Investments includes David Gochman as Principal, Gabe Thornton as Managing Director, Lindley Uhlir as Director of Real Estate, Charlie Cowles as Director of Accounting, Chris Kieffer as Director of Capital Markets, Zane Marcell as Director of Leasing and Business Development, Carina Henriques as Transaction Coordinator, Debbie Berry as Office Administrator, and Patrick McNeil as Real Estate Analyst. The team's collective expertise spans real estate investment, finance, accounting, and operations, contributing to the firm's ability to manage and grow its assets.