Greg Armstrong

Co-Founder and Managing Partner

Local Expertise + Institutional Execution

“Drawing on my years of experience at leading real estate institutions, ACD has sought to achieve a competitive advantage in our targeted markets through a true boots-on-the-ground investment model whereby value creation stems from local presence, origination and management, coupled with institutional discipline, rigor and resources at every step of the investment methodology. I think our track record is proof of concept.”

Local Approach


Operational scale that provides for true “on-the-ground” capabilities within our target investment markets.

Our Team


Multi-faceted, experienced team that reflects decades of experience in real estate acquisition, finance, development, construction, property management and private fund investing.



A focus upon select target markets pursuant to research-driven quantitative analysis and years of on-the-ground examination.

  • 2023

    • ACD completes the final closing of ACD Fund IV, LP
    • ACD unifies branding of self-storage portfolio assets under the new BriteLock Self Storage banner
    • ACD expands into Colorado’s high mountain region with the acquisition of Shops at Durango Town Center in Durango, Colorado

  • 2022

    • ACD completes the initial closing of ACD Fund IV, LP, its fourth opportunity fund

  • 2021

    • ACD’s grocery shadow retail portfolio expands with acquisitions including Plant Shops in Mesa, Arizona and Eastridge Plaza in Aurora, Colorado

  • 2020

    • ACD target markets expand into Arizona, joining Colorado and Utah

  • 2019

    • ACD’s investment strategies expand to include stabilized core investment opportunities, broadening the range of investment alternatives available to our partners

  • 2018

    • ACD commences construction on the development of StorQuest at Stapleton, a 600 unit self storage facility

  • 2017

    • ACD closes ACD 2017 Fund, LP its third opportunity fund

  • 2016

    • ACD target markets expand into Utah

  • 2013

    • ACD closes ACD 2013 Fund, LP its second opportunity fund

  • 2010

    • ACD closes ACD 2010 Fund, its first opportunity fund

  • 2007

    • ACD’s investment platform expands throughout the Colorado Front Range with development partnerships featuring numerous Class A brands including 7-Eleven and Goddard Schools

  • 2005

    • ACD is founded in Denver, Colorado by Greg and Jarrett Armstrong


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