Parking

Investment Advisory For Parking Structures & Lots

OVERVIEW

Macallan Capital Partners provides comprehensive investment banking and advisory services for parking projects. Our team brings decades of experience in structuring capital solutions tailored to the unique requirements of this asset class.

Whether you are seeking debt financing, equity partnerships, or strategic advisory, we leverage our deep industry relationships and market expertise to deliver optimal outcomes for our clients.

Market Opportunity

Parking represents a fundamental and increasingly valuable component of urban real estate infrastructure. As cities densify and ground-level retail footprints decline, strategically located parking assets command strong economic fundamentals with limited supply in premium locations. The emergence of electric vehicle charging infrastructure as an overlay creates additional revenue streams and positions parking properties at the intersection of mobility and energy transition. Core parking assets generate cash yields of 5-7% in major markets, while specialized assets like airport parking capture pricing power from captive passenger bases and institutional capital seeking inflation-protected yields.

Macallan Capital Partners brings specialized expertise in parking asset acquisition, recapitalization, and repositioning across diverse formats—from urban parking garages to surface lots to mixed-use structures with retail and residential components. Our team understands the operational metrics that drive parking performance: occupancy rates, average daily rates, operating cost structures, and the technological transformation affecting payment systems and space utilization. We access capital sources comfortable with parking's essential-use characteristics and stable operational profiles, while also engaging sponsors focused on EV charging infrastructure deployment and smart parking technology integration.

$200B
Estimated U.S. Parking Real Estate Value
5.8%
Average Unlevered Yield (Core Assets)
2.8M
EV Chargers Installed (U.S. 2024)
$28B
EV Charging Investment Projected (2024-2030)

Asset Profiles We Serve

Urban Parking Structures

Multi-level garages in downtown and near-transit locations with strong occupancy and pricing power. Premium locations benefit from supply constraints, downtown employment recovery, and mixed-use development demand.

Surface Lot Portfolios

High-yield surface parking lots in dense urban markets and suburban employment centers. Operational simplicity and lower capex requirements create attractive cash-on-cash returns with land optionality for future development.

Airport & Transportation

Parking facilities at airports, transit hubs, and rental car operations with captive passenger demand. Long-term concession agreements and institutional operator relationships provide credit quality and revenue stability.

Mixed-Use & EV Infrastructure

Parking structures integrated with retail, office, or residential components; facilities with EV charging networks as primary asset or significant amenity component. Growth assets positioned to capture sustainability trends and evolving mobility preferences.

Typical Deal Structure

Debt Placement

  • Bank Credit Facilities (floating or fixed, 5-7 year terms)
  • Life Insurance Company Mortgages (10-12 year fixed)
  • Mezz Financing (operational improvement phase)
  • ESG-Linked Credit (EV charging deployment incentives)

Equity & Joint Ventures

  • Yield-Focused Fund Partnerships (5-7% IRR targets)
  • Core-Plus Value-Add (8-12% IRR)
  • EV Infrastructure Joint Ventures (tech operator co-invest)
  • Opportunistic Repositioning (12-16%+ IRR)

Parking transactions typically range from $15 million for individual surface lots to $300+ million for diversified urban garage portfolios or airport concession packages. Value-add plays focused on EV charging retrofits and technology integration tend toward the mid-market range. Macallan structures parking deals with attention to operator quality, market demand fundamentals, and the technological evolution reshaping how spaces are managed and monetized.

The Macallan Approach

Market Demand & Pricing Intelligence

Our underwriting incorporates rigorous parking demand analysis across employment centers, transit accessibility, and pricing patterns. We evaluate competitive supply, occupancy benchmarks, and rate-setting strategies to forecast cash flows with accuracy. We identify submarkets where supply constraints and density trends support pricing growth above inflation.

Technology & Operator Integration

Macallan works with parking operators leveraging smart technology—from dynamic pricing platforms to EV charging network operators. We structure transactions that position assets for integration with emerging mobility solutions and evaluate operator capability to execute these technology deployments while maintaining stable core operations.

Capital Partnerships for Yield & Growth

We maintain relationships with yield-focused institutional investors comfortable with parking's essential-use characteristics, as well as growth-oriented sponsors pursuing EV infrastructure and smart parking strategies. Our involvement includes both stabilized yield deals and transformation stories where technology deployment or mixed-use integration creates multiples expansion and enhanced exit outcomes.

Ready to discuss your parking project?