Global private markets firm Partners Group has sold a large-scale, US industrial real estate portfolio on behalf of one of its clients, for more than $1 billion.
The portfolio encompasses 88 industrial properties, which total a combined 8.6 million square feet of leasable space. The portfolio's properties comprise 74 light industrial buildings and 14 class A, bulk industrial buildings, which primarily serve e-commerce distribution tenants.
The properties are primarily located throughout the Mid-Atlantic and the Southeast regions, including Atlanta, Nashville, Norfolk, Raleigh-Durham and the Shenandoah Valley.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.