Portland-based CrowdStreet launched a diversified investment fund that will focus on warehouse, distribution and logistics, and data center properties including last-mile assets serving companies engaged in e-commerce or supporting the supply chain. CrowdStreet notes the supply of industrial assets was generally low heading into 2020 and the pandemic has further fueled demand, creating a disconnect — and opportunity — in the market.
CrowdStreet’s Ian Formigle says, “With the pandemic, e-commerce adoption is accelerating as waves of consumers simultaneously shift to online shopping, driving demand for assets like warehouses, distribution and logistics centers, and data centers. The new CrowdStreet e-commerce property fund will benefit from accelerating growth in this sector.”
The e-commerce property fund will invest in multiple projects across the U.S. with an estimated total capitalization of $400 million. The equity fund is structured to seek a combination of income and appreciation for individual investors over a five-to-seven-year hold. CrowdStreet will source deals through its broad network of experienced, specialized sponsors.
Dennis Kaiser is Vice President of Content and Public Relations for
Connect Commercial Real Estate. Dennis is a communications
leader with more than 30 years of experience.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.