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Chicago & Midwest  + Midwest  + Industrial  |  March 4, 2024
Jasmine Kilman
By: Jasmine Kilman

ElmTree Funds Completes Nearly $2B in 2023 Transactions

ElmTree Funds, a real estate private equity firm headquartered in St. Louis, Missouri, closed out 2023 with significant investment momentum. The firm reported transacting 33 properties across 17 states, held in the various investment vehicles of ElmTree’s nationwide portfolio.

ElmTree’s 33 transactions in 2023 represent 9.6 million square feet, consisting primarily of Class A industrial space. These transactions exhibit resilient fundamentals, including growing labor forces, strong demographics, and strategic access to major U.S. distribution arteries. The properties are located in industrial markets across the country.

“Our consistent investment philosophy of making strategic acquisitions in mission-critical, build-to-suit industrial net-lease assets has allowed ElmTree to transact and complete deals in today’s extremely tight and competitive market,” said ElmTree CEO & Founder James Koman. “ElmTree remained active in the marketplace, continuing to make tactical investment decisions aligned with our investment criteria, which we believe will procure attractive returns for our partners and investors.”

There’s still time to register for the Connect Industrial Midwest 2024 event on March 5 at Joe’s Live in Rosemont, Illinois. Click here for more information and to register.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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