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Timber Hill, Champion Realty Launch Fund Geared Toward Industrial Service Facilities
A partnership of Timber Hill Group and Champion Realty Advisors recently launched its newest investment vehicle, TH Logistics Fund I. The fund, which focuses on the acquisition, development and repositioning of logistics-related supply-chain Industrial Service Facilities (ISFs), plans to acquire $150 million In assets over the next 12 months.
“We are looking forward to executing our investment strategy, which includes the acquisition of stabilized, value-add and ground up construction projects in critical supply chain and major consumption zones, for the benefit of our investors,” said Timber Hill managing partner Cary Goldman.
Added Champion CEO J. D. Salazar, “We felt the timing was right to capitalize on the growing need by retailers and other users who wish to provide one- and two-day delivery that today’s customers demand.”
Goldman and Salazar are veteran Chicago-area real estate executives and are considered pioneers in the emerging ISF real estate niche.
Pictured: Cary Goldman.
- ◦Sale/Acquisition
- ◦Financing
