The real estate investment platform CrowdStreet launched an offering for an industrial facility fund focusing on the Southeastern United States.
Southeast Industrial Fund VI is a portfolio comprising last-mile distribution and light manufacturing facilities located in the Sun Belt market around Atlanta and Nashville, Tennessee. The objective of the fund is to construct a portfolio of 15 to 25 freestanding, single-tenant industrial facilities ranging in size from 10,000 square feet to 100,000 square feet.
The fund will target off-market acquisitions, which creates advantageous pricing opportunities and the flexibility to close at opportune times with favorable terms. Fund managers will also seek to target properties with varying levels of occupancy, risk and credit profiles to provide diversification to the portfolio. This strategy will allow for the positioning of the fund to ...
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Southeast Industrial Fund VI is a portfolio comprising last-mile distribution and light manufacturing facilities located in the Sun Belt market around Atlanta and Nashville, Tennessee. The objective of the fund is to construct a portfolio of 15 to 25 freestanding, single-tenant industrial facilities ranging in size from 10,000 square feet to 100,000 square feet.
The fund will target off-market acquisitions, which creates advantageous pricing opportunities and the flexibility to close at opportune times with favorable terms. Fund managers will also seek to target properties with varying levels of occupancy, risk and credit profiles to provide diversification to the portfolio. This strategy will allow for the positioning of the fund to ...
Full story available on Benzinga.com
Continue reading...