The future of commercial real estate isn't where most investors are looking. While countless developers chase diminishing returns in saturated multifamily markets, visionary entrepreneurs like Alec McElhinny are creating extraordinary value in overlooked niches that most ignore.
McElhaney's approach centers on two particularly promising sectors: flex space development and office-to-data-center conversions. His flex space projects serve blue-collar businesses like plumbers, HVAC technicians, and auto shops that need combined office and warehouse facilities. Located in booming corridors like the region between San Antonio and Austin—where 1.5 million people are expected to move in the next decade—these developments are strategically positioned to capitalize on explosive growth. With 84,000 square feet under development north of New Braunfels and another 100,000 square feet of retail space planned in Hutto, McElhinny's projects offer investors preferred returns of 12% and targeted IRRs of 22% over just 24 months.
What truly distinguishes McElhinny's strategy is his focus on specialized niches within broader asset classes. Rather than competing in increasingly crowded flex space markets, he targets flex retail and flex with outdoor storage—products with tremendous demand but minimal competition. This approach stands in stark contrast to the multifamily sector, where many investors face devastating losses after purchasing properties at peak prices with unrealistic rent growth projections.
Perhaps most compelling is McElhinny's vision for data center conversions from existing office buildings. In a post-pandemic world with declining office demand, these structures often already possess critical infrastructure for data centers: substantial power access, UPS systems, and generators. Some buildings can access nearly 100 megawatts of power with available land for expansion—perfect for rapid conversion to data processing facilities as AI and computing demands explode.
Through vertical integration, international material sourcing, and laser-focused development strategies, McElhinny has built a recession-resistant business poised for exceptional growth across high-potential markets in Texas, Florida, and the Carolinas. His story reminds us that in real estate, the highest returns often come not from following crowds, but from having the vision to see value where others don't.
Ready to explore opportunities in these overlooked but highly profitable niches? Visit www.land-play.com to learn more about current and upcoming projects.
To Learn More About Alec McElhinny:
1. https://land-play.com/
2. https://www.linkedin.com/in/alecjmcelhinny2027747777/
To learn more about Jonathan's recession resilient mobile home park real estate Fund, as our next Fund raise is $50 million only for accredited investors: https://www.midwestparkcapital.com/
To learn more about Flex Space, Land, and Data Centers and invest along side UHNW along with Family Offices: https://land-play.com/
To learn more about Jonathan's highest level business growth consulting and fractional CMO services. And upcoming group zoom entrepreneur masterminds:
https://www.revenueascend.com/consulting/
Sign up to get on the list for the World's Most Exclusive Social Networking App: https://www.prestigesocialapp.com/
To those looking to potential exit or sell their business or talk about potential business roll up partnerships:
https://www.businesscashout.com/
https://linktr.ee/jonathantuttle