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Boston & New England  + Boston  + Finance  | 
LA County Pension Fund Invests $600M in CBRE Fund

Rockpoint, Abu Dhabi Investment Authority Form JV to Plunk $2B into Industrial

Boston, MA-based Rockpoint has formed a platform with a wholly owned subsidiary of the Abu Dhabi Investment Authority. The platform will target industrial investment opportunities representing approximately $2 billion in gross asset value.

Concurrently, the platform announced the closing of its first investment, a 117,520-square-foot, Class A industrial development project on a 10.6-acre site in Silicon Valley’s supply-constrained South San Jose, CA submarket.

The new investment vehicle will focus primarily on build-to-core industrial investments in high barrier-to-entry locations across infill, demand-driven, gateway and growth markets in the U.S.

September 30, 2021, Rockpoint’s investment team with others has invested or committed to invest in 460 transactions with a total peak capitalization of approximately $70 billion (inclusive of fund equity, co-investor equity and debt).

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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