Sale-leaseback player Atlas Holdings has launched a venture that aims to acquire a $1B industrial portfolio.

The Greenwich, CT-based company announced last week the formation of Atlas Properties, which Atlas said it has established with a consortium of "best-in-class, long term-oriented investors."

The new venture jumped out to a big head start on its $1B goal. Concurrent with its launch on December 21, 2023, Atlas Properties acquired a diverse portfolio of 23 mission-critical industrial assets across the U.S. for $300M.

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