Local Markets.
Institutional Expertise.
FIRESTONE PARTNERS • ATLANTA, GA
firm overview
Firestone Partners is an Atlanta-based real estate investment firm focused on acquiring and operating infill industrial properties throughout the Southeast. Founded by former investment professionals from Blackstone, Link Logistics, and Stonelake Capital Partners, Firestone combines 20+ years of institutional underwriting discipline with local market expertise and operational intensity.
The firm targets undercapitalized and operationally complex industrial assets that are critical to modern supply chains. Through hands-on asset management, strategic capital investment, and deep market knowledge, Firestone delivers durable performance and long-term value for investors.
INVESTMENT STRATEGY
0I
Infill Industrial Real Estate
Acquiring strategically located shallow bay industrial assets that serve the supply chains, distribution networks, and service-oriented businesses underpinning modern commerce. Firestone focuses on infill assets with durable tenant demand, institutional building characteristics, and meaningful barriers to new supply.
02
Active Value Creation
Targeting undercapitalized and operationally complex properties where active ownership drives value through leasing execution, suite repositioning, targeted capital improvements, and hands-on asset management. Firestone combines deep local market expertise with an institutional operating approach to enhance cash flow durability and long-term asset quality.
03
Aggregation in Fragmented Markets
Building institutional-quality industrial portfolios within fragmented ownership markets benefiting from sustained Sunbelt growth, accelerating e-commerce and last-mile logistics demand, and limited shallow bay development. Firestone seeks to create long-term value through scaled portfolio construction and operational expertise.
Firestone's differentiated approach drives durable, risk-adjusted returns and creates long-term value for our investors.
FOCUSED MARKET SELECTION
High-growth Sunbelt submarkets with superior fundamentals.
PROPRIETARY DEAL FLOW
Off-market sourcing through deep local relationships.
DISCIPLINED CAPITAL ALLOCATION
Investments with attractive basis, downside protection, and multiple levers to drive risk-adjusted returns.
INSTITUTIONAL REPORTING
Best-in-class reporting and investor communication with a focus on transparency, consistency, and accountability.
INFORMED EXIT STRATEGY
Portfolios of scale designed from inception to meet institutional demand.
RELENTLESS EXECUTION
A disciplined team with an unwavering focus on capital preservation.
EXPERIENCED LEADERSHIP
MICHAEL EAST
Co-Founder & Managing Partner
Michael East is Co-Founder and Managing Partner of Firestone Partners. Before founding Firestone, he spent nearly a decade at Blackstone and Citi, focused on industrial real estate, logistics platforms, and real estate private equity. At Blackstone, Michael worked across multiple investment strategies and played a key role in the growth and asset management of large-scale industrial and self-storage portfolios, including the expansion of a self-storage platform to over $2 billion of AUM. Across his career, he has been involved in more than $10 billion of real estate transactions, financings, and capital markets activity. Michael holds a BA from Princeton University and an MBA from Harvard Business School and is a former national champion squash player.
MARC HEDRICK
Co-Founder & Managing Partner
Marc Hedrick is Co-Founder and Managing Partner of Firestone Partners. Before founding Firestone in 2025, he served as a Director at Stonelake Capital Partners, where he led acquisitions and asset management across the firm's Southeast industrial portfolio. During his tenure, Marc oversaw approximately 5 million square feet of shallow bay and infill industrial assets, and was responsible for sourcing, underwriting, leasing strategy, and execution across the value-add portfolio. He brings deep operating experience in the small- and mid-bay industrial sector, with transactions completed across the Southeast's highest-growth logistics markets, spanning acquisitions, leasing, capital projects, and portfolio operations. Marc holds a BA from Princeton University where he captained the Varsity Golf team.
EMAIL
mhedrick@firestonepartners.com
DIRECT
(760) 625-3399
NEWSROOM
Firestone Partners Forms Joint Venture for Atlanta Industrial Acquisition
NOVEMBER 2025
Firestone Partners continues to expand its industrial footprint across the Southeast, identifying high-growth opportunities and delivering value through operational excellence and strategic capital management.