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Atlas Holdings Launches Industrial Real Estate Investment Platform
Atlas Holdings LLC has launched Atlas Properties, a real estate investment vehicle focused on the industrial sector. Concurrent with its formation on Dec. 21, 2023, Atlas Properties purchased a diverse portfolio of 23 mission-critical industrial properties located throughout the U.S. for $300 million.
Investors in Atlas Properties have committed more than $500 million of additional equity capital, which in combination with market debt financing will support more than $1 billion of future growth opportunities, the company said Wednesday. Atlas Properties will invest in industrial real estate in Greenwich, CT-based Atlas Holdings’ core sectors; the parent company currently manages a portfolio of 27 industrial, manufacturing and distribution businesses.
“Over the past two decades, Atlas has built extensive knowledge of industrial real estate through our businesses that commonly have significant real estate footprints,” said Tim Fazio, Atlas co-founder and managing partner. “The formation of Atlas Properties is a natural progression of our investment strategy and fully consistent with our longstanding practice of investing in areas where our sector expertise and operating experience give us a competitive edge.”
Proskauer Rose LLP served as legal adviser to Atlas for Atlas Properties.
- ◦Sale/Acquisition
