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Kevin Scott Joins CRG to Lead Activities for Logistics Fund
Kevin Scott has joined CRG, the real estate development and investment arm of Chicago-based Clayco, as VP of investments and developments to lead acquisition and fund management activities for CRG’s build-to-core investment vehicle, U.S. Logistics Fund I. Based in Chicago, Scott will identify ground-up industrial investment opportunities and oversee acquisitions and development activities of the USLF I portfolio.
USLF I has completed more than $418 million in projects over the past 18 months in markets including Eastern Pennsylvania, Atlanta, Seattle and Portland, OR. Scott will build on the fund’s success by providing fund investors with active portfolio management and identifying new fund investment opportunities.
“There is significant national demand for newly built core industrial assets,” said Scott. “Consumer spending shifts, accelerated by the global pandemic, along with continued historically low interest rates have investors focusing on asset classes that provide stable yields. Industrial is high on this list.”
For comments, questions or concerns, please contact Paul Bubny
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