Almanac Realty Investors, a business unit of Neuberger, has committed up to $300 million of growth capital to SparrowHawk, a private real estate company founded in 2011 by Alfredo Gutierrez and headquartered in Houston, focused on the acquisition and management of institutional-quality industrial assets located throughout the Midwest.

SparrowHawk currently owns and operates 16 properties, comprised of more than 2.8 million square feet across St. Louis, Kansas City, and Chicago. The new round of growth capital will be used to accelerate SparrowHawk’s acquisition of high-quality industrial properties in primary and secondary Midwest markets with proximity to robust transportation infrastructure. Ackman-Ziff Real Estate Group LLC was exclusive advisor to SparrowHawk on the transaction and was managed by Adam Steinberg, co-head of equity practice.

“At SparrowHawk, we believe true success is built with partners who share your values, your vision, and your drive,” said Gutierrez. “Our partnership with Almanac reflects that alignment—uniting not just capital, but character, trust, and shared ambition.”

Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest — taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.