2025 Year-End Update

Jul 9

Written By Brian Ker

Link & Highlights

Portfolio Expansion: Snowball doubled its industrial portfolio to 1.8 million square feet in 2025 and has another 600,000 square feet under contract for early 2026.
Leasing Momentum: Robust leasing activity spanning 350,000 square feet of renewals and expansions is projected to bounce total portfolio occupancy back up to 98% by early 2026.
Solar Revenue Stream: The team successfully capitalized on changing federal incentives to secure 20-year rooftop solar leases across nine assets, generating $245,000 in unmodeled annual income.
Internalized Team Growth: Snowball expanded its internal bench and streamlined operations by onboarding three key leaders in portfolio management, acquisitions, and asset management.
Capital Markets & 2026 Outlook: After executing over $37 million in new financings, the company is preparing to launch a $25 million GP Fund and expand its footprint into Eastern Canada.

Brian Ker