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Chicago & Midwest   /   January 27, 2021

Paul Bubny
By: Paul Bubny

ElmTree Partners with Guggenheim on E-Commerce Assets

ElmTree Funds, headquartered in St. Louis, has closed a transaction with Guggenheim Investments focused on investing in industrial e-commerce assets throughout the U.S. Guggenheim, on behalf of its clients, has provided a $600-million equity commitment to fund the partnership.

As part of the transaction, ElmTree, which specializes in acquiring build-to-suit properties net leased to investment grade tenants, will invest in industrial real estate assets tied to the e-commerce, last-mile, and logistics sectors.

“This strategic partnership provides fresh capital to continue investing in mission-critical assets that are in high demand across the country, while generating steady, long-term cash flow,” said James Koman, CEO and founder of ElmTree.

Jennifer Marler, head of real estate at New York City-based Guggenheim, added, “In these challenging times, we will continue to create innovative opportunities like this to drive value for our clients.”

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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