Al. Neyer Looks to Core Markets for Class A Industrial Investment

Cincinnati, Pittsburgh, Nashville, and Raleigh are the core markets where Al. Neyer plans to expand through its recent Al. Neyer Industrial Fund II ‘s $200 million raise.

This fund, which doubled that which was raised in 2021, will eye between 20 and 25 Class A projects that meet the needs of industry facility users through bulk, rear load and single load space, and last-mile industrial.

Dan Ruh, President at Al. Neyer, in a prepared statement, said, “Our goal is to create the right pipeline at the right time for the right users to stay ahead of the market.”

It will get started with the 501,000-square-foot Fairfield Logistics 1A building in Fairfield, Ohio.

Jen Weingartner, vice president of capital and investor relations at Al. Neyer said in prepared remarks, “We continue to see e-commerce, reshoring, and industrial automation in manufacturing fueling the market’s appetite for industrial real estate investments, and we have proven the strength and performance of our diverse pipeline.”