Dallas-based Crow Holdings, a leading national real estate investment and development firm, announced today the closing of Crow Holdings Industrial Properties Trust (“CHIPT”). Managed by Crow Holdings’ investment management company,

Crow Holdings Capital, with its firm’s industrial development team, CHIPT was formed to pursue the development and acquisition of Class A industrial properties in key logistics markets across the U.S. With strong support from wealth advisory and family office platforms, the trust closed with over $600 million of equity commitments that can provide for more than $1.5 billion of total project-level investment including anticipated leverage.

CHIPT is constructing a diverse portfolio of modern logistics properties developed for today’s customer requirements. The investment strategy is principally focused on the top logistics markets in the country that provide key infrastructure nodes or act as regional distribution hubs – those with proximity to seaports, airports, rail lines, highway interchanges, and other hubs of logistics activity. The platform recently closed on several investments predominantly in the New Jersey-Pennsylvania, Dallas-Fort Worth, Atlanta, and Southern California markets.