Logistics | Various U.S.

U.S. Diversified Logistics Portfolio

Desirable urban in-fill industrial estates in major U.S. markets.

External image of logistics building

Investment Details

Property TypeLogistics
Location(s)
Various U.S.
Square Feet14,600,000

Transaction Details

Acquired2025
Purchase Price$253 Million
Ownership %19%

Investment Details

Property TypeLogistics
Location(s)
Various U.S.
Square Feet14,600,000

Transaction Details

Acquired2025
Purchase Price$253 Million
Ownership %19%

Asset Highlights

Robust Logistics

Steady rent growth and long-term value appreciation anticipated from strong in-place cash flows and significant mark-to-market rent opportunities.

Percent of Properties

80% of properties are <300,000 SF, a segment where supply is relatively limited and vacancy rates are 70 bps below U.S. industrial average.

Assets

Assets in the portfolio feature shorter WALTs, making them especially attractive in current environment given pent-up rent growth driven by strong demand and lack of new competitive supply being delivered.

Location Highlights

Sunbelt-oriented portfolio
Portfolio is largely focused in the Midwest and Sunbelt, located across 10 major markets, including Atlanta, Columbus, and Dallas-Fort Worth.
Adjacent to Commercial Triangle
Geographic diversification provides increased exposure to logistics sector, without adding outsized exposure to a single asset or location.
Transportation Infrastructure
These strategically-concentrated assets often represent “mission-critical” infrastructure for regional and local small business operations.