100%
Retail Focused
55 Years
Combined Real Estate Experience
OUR STORY
One Clear Vision. Shared Success.
Last Mile Investments (“LMI”) is a real estate investment manager exclusively focused on the retail real estate sector, with two primary goals: to consistently deliver top risk-adjusted returns for our investors and to foster long-term partnerships as a result.
Why retail? As an executive team, we have over 55 years of total real estate experience, with 45 of those focused solely on retail investing, leasing/ operations, and strategic finance within best-in-class companies.
We have dedicated our careers to the sector, understanding every nuance, acting as fiduciaries, and building an unmatched network that creates opportunity and provides us with proprietary market intelligence.
This experience and dedication to retail real estate allows us to create investment strategies that are mispriced, mismanaged, and overlooked, and then execute on those at the highest level. WE SEE WHAT OTHERS DON’T.
Last Mile Investments is built on the thesis of creating a competitive advantage and a unique vision within the retail sector, and with a North American Properties partnership, we are uniquely built to outperform within our focus.
We appreciate the relationship, and thank you for your trust.
Our Leadership
Ryan Moore
CEO & Co-Founder
David Birdsall
Chief Operating Officer & Co-Founder
Todd Pleiman
Chief Financial Officer & Partner
Featured Investments
Merchants Festival
Atlanta, GA
Emerson Commons
Indianapolis, IN
Morris Marketplace
Morristown, NJ
Westheimer Plaza
Houston, TX
Market Square at Carnes
Charleston, SC
Nocatee Town Center
Jacksonville, FL
Our Partners
North American Properties
- Fully integrated operating platform with 260+ associates, a 65-year history, and a best-in-class track record on behalf of Investors
- Over $7 billion in investments
- 19,000+ residential units
- 22 million+ square feet of commercial space
- Developed in 15 states and 67 cities
- Retail / Shopping Centers
- Multifamily / Student Housing / Condo
- Grocery Anchored Shopping Centers
- Hotel / Office
- Mixed Use













