FRI Investors traces its origins to 1995, when Michael P. McCloskey founded Florida Realty Investments with an initial office building acquisition and a focus on commercial real estate. The company later expanded through office and industrial holdings across the southeastern United States, and the business was renamed FRI Investors after that growth. FRI Investors focuses on acquiring fundamentally sound but under-performing properties and revitalizing assets through ownership, leasing, construction, property management, and long-term portfolio repositioning. The company’s portfolio materials show activity in office and mixed-use properties, with an emphasis on mid-sized and gateway markets.