EXPERIENCE
Tom Hollins
Founder and Managing Partner
Flywheel Industrial Partners is led by Tom Hollins, a real estate investment professional with more than 22 years of experience, including more than 19 years as a principal investor in real estate and private equity and 3 years in investment banking.
Since 2014, Mr. Hollins has led more than 30 real estate investments representing more than $275 million of invested capital across the capital structure.
From 2013 to 2021, Mr. Hollins was a Partner at Paragon Outcomes Management, a family office with approximately $1 billion of assets under management, including $500 million of discretionary capital. He led the investment team and launched and built the firm's real estate platform. From 2021 to 2024, he served as Managing Director and Co-Head of the ECC Opportunity Fund at Emerald Creek Capital, focusing on opportunistic and value-add investments, primarily in the industrial sector. He founded Flywheel Industrial Partners in 2024.
From 2007 to 2013, Mr. Hollins was a private equity investor with PineBridge Structured Capital (formerly AIG's Direct Investment Group), making structured equity and junior debt investments in middle-market companies, and served as a director on portfolio company boards. He began his career in the industrials investment banking group at Wachovia Securities in Charlotte.
Born and raised in North Carolina, Mr. Hollins holds an MBA from Columbia Business School and a BA in Economics and Political Science from Emory University.
PRIOR EXPERIENCE
Select Prior Investments
In addition to his work at Paragon across industrial, self-storage, multifamily, medical office, and other property types, Mr. Hollins led multiple industrial investments for the ECC Opportunity Fund. His industrial and self-storage investments, all made alongside operating partners and all fully realized, are listed below. Amounts shown are total transaction size.
Miami Industrial
Emerald Creek · $17M · Off-market, three-property, 142,000 SF partially occupied portfolio · Opa-locka, FL
Jacksonville Industrial
Emerald Creek · $16M · Off-market, 248,000 SF climate-controlled warehouse · Jacksonville, FL
Midland Industrial Platform
Paragon · $37M · Two portfolios, acquired with the same operating partner, totaling 28 single-tenant industrial properties and 285,000 SF · Midland, TX
Cleveland Industrial
Paragon · $20M · 248,000 SF Class A warehouse leased to Amazon · Twinsburg, OH
Wisconsin Cold Storage
Paragon · $12M · 100,000 SF cold storage warehouse on a long-term lease · Whitewater, WI
Columbus Self-Storage Portfolio
Paragon · $27M · 4 facilities, 2,500+ units · Columbus, OH metro
Michigan Self-Storage Portfolio
Paragon · Co-GP · $63M · 12 facilities, 6,000+ units · Multiple markets, MI
Advisors
Karim Rehmat - Founder, Kent Advisory
Karim Rehmat is the Founder of Kent Advisory, a boutique multi-family office and wealth advisory firm focused on alternative investments and legacy planning. His practice builds on more than 25 years as a Chief Financial Officer and senior operating executive across private equity funds, hedge funds, and family offices. Most recently, Mr. Rehmat was Partner and Head of Operations at Centerfin Capital, a fintech firm in the wealth management space. Prior to that, he served as Chief Financial Officer and Chief Compliance Officer of Paragon Outcomes Management, a private equity firm investing in real estate, real assets, and credit, where he and Flywheel's principal worked together for six years, with Mr. Rehmat overseeing the firm's finance and compliance functions alongside the principal's investment leadership. Earlier in his career, he held senior finance roles at D.B. Zwirn and HFR Asset Management. He began his career in public accounting at Arthur Andersen and is a Certified Public Accountant.
Mr. Rehmat advises Flywheel on finance, operations, and capital formation, and is an investor in Flywheel’s recent Columbus industrial acquisition.
Jared Farmer - Founder and CEO, Farmer Development
Mr. Farmer is the Founder and CEO of Farmer Development, a Michigan-based firm that designs, builds, and expands self-storage and warehouse facilities. With 29 years in the construction industry, Mr. Farmer leads projects from pre-construction through close-out, combining developer and general-contractor perspectives across ground-up construction and facility expansions. His relationship with Flywheel's principal dates to 2015, when Farmer Development led facility expansions across the principal's four-property Columbus self-storage portfolio.
Mr. Farmer advises Flywheel on construction and capital projects, and is an investor in Flywheel’s recent Columbus industrial acquisition.
David Zakutansky - Chief Investment Officer, MS Transverse
Mr. Zakutansky is an investment executive with over 15 years of experience in principal investing across traditional and alternative asset class. He is currently the EVP and Chief Investment Officer at MS Transverse. Prior to joining MS Transverse, Mr. Zakutansky was a Partner at Paragon Outcomes. Mr. Zakutansky began his career in investment banking at BNP Paribas, and is a Certified Public Accountant (State of New York) and a CFA Charterholder.