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Creation RE JVs with J.P. Morgan on $1B Industrial JV
Creation RE, a real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global Alternatives launched a joint venture that will invest $1 billion in industrial, warehouse and logistics real estate projects across four states.
The partners will capitalize and develop seven projects, including three that have already closed, totaling approximately five million square feet in Newark, NJ; Melville and Islandia, NY; Fort Worth, TX; and Chandler, Gilbert and Phoenix, AZ.
“J.P. Morgan is an outstanding investment partner and we have assembled an extremely high-quality portfolio of projects together across the U.S. in a very short period of time,” said Josh Zemon, managing principal of Creation. “Creation has rapidly grown over the past several years with our current investment and development pipeline approaching $4 billion. We are thankful to J.P. Morgan for their partnership and excited to continue our growth together.”
- ◦Sale/Acquisition
- ◦Development
- ◦Financing


