Berkeley Investments Launches Transatlantic Joint Venture with GARBE

Boston-based Berkeley Investments has formed a joint venture with GARBE, one of Europe’s leading real estate investment, development, and asset management companies. The new venture, named Berkeley Garbe LLC, will be led by Young Park, founder and president of Berkeley Investments. It creates a transatlantic platform that will encourage immediate expansion across US industrial, multifamily and infrastructure markets – initially focusing on Boston and New England – while strengthening Berkeley Garbe’s ability to take on larger and more diversified investment and development opportunities across the Northeast.

“Through this joint venture, Berkeley has established a long-term partnership with a global institutional platform that will strengthen its entrepreneurial initiatives while preserving the privately owned, team-oriented culture that has defined Berkeley for years,” said Park.

He added that Berkeley Garbe will continue to function independently, with support from GARBE’s global operations and capital relationships, while maintaining decision-making and direction at the local level. In addition, Berkeley Garbe will be responsible for managing the assets of the JV, providing strategic guidance and leadership.