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PRASSAS CAPITAL, LLC
PRASSAS CAPITAL, LLC is a single family office based in Draper; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
PRASSAS CAPITAL, LLC
PRASSAS CAPITAL, LLC is an SEC-registered investment adviser in DRAPER, UT. It has 1 employee and 1 investment adviser. The firm is based in Utah.
General information
Firm type
Single Family Office
Location
Region
North America
Country
United States
City
Draper
Corporate office
Chicago, IL, United States
Principals
Bill Prassas
President
Sector focus
Frequently asked questions
Who leads investment decisions at Prassas Capital?
Bill Prassas, President of Prassas Capital, LLC, directs all investment decisions. The firm operates as a single-family office without external investment committees, allowing for concentrated decision-making authority at the principal level.
What is Prassas Capital's investment strategy?
The firm focuses on acquiring and developing industrial outdoor storage (IOS) facilities, truck terminals, and logistics properties, primarily in the Chicago area and broader Midwest. Prassas Capital pursues a permanent-hold strategy, rarely divesting assets and prioritizing long-term cash flow over development-for-sale gains. The strategy targets supply-constrained infill locations with high barriers to entry for new development.
Does Prassas Capital accept outside capital or operate fund vehicles?
No. Prassas Capital deploys exclusively family capital on a deal-by-deal basis and does not manage commingled funds or accept external limited partners. This structure distinguishes it from institutional fund managers operating in the same industrial real estate space.
How does Prassas Capital source its deals?
The firm leverages three generations of Chicago real estate operating experience to source off-market and lightly marketed transactions. Its in-house property management arm, Prassas Management Company, also generates situational acquisition opportunities through tenant and broker relationships across the industrial property sector.
How is Prassas Capital related to the broader Prassas family real estate operations?
Prassas Capital, LLC serves as the primary investment entity for Bill Prassas's industrial-focused real estate activity. The family's broader real estate operations, spanning decades across the Chicago area, include legacy mixed-use and retail holdings managed through related Prassas entities. The management function is centralized under Prassas Management Company.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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