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Zenith IOS Lands Strategic Investment from J.P. Morgan Asset Management
Zenith IOS, a Brooklyn-based national owner-operator of industrial outdoor storage properties, has received a strategic investment in its operating platform from institutional investors advised by J.P. Morgan Asset Management. Terms were not disclosed.
This commitment helps support the next phase of Zenith’s growth and further institutionalize the platform by deepening operational expertise and acquisition capabilities. The investment is a continuation of the existing partnership. To date, Zenith and J.P. Morgan have aggregated a portfolio totaling approximately 100 IOS properties across 33 markets.
“This transaction represents a significant milestone in the evolution of our platform,” said Zenith CEO Ben Atkins. “Partnering with a world-class institution like J.P. Morgan will enable Zenith to grow as an institutional management platform and continue pursuing our ambitious long-term growth strategy. This partnership enhances our ability to meaningfully scale by adding strategic resources and strengthening the operational focus that has defined our success to date.”
- ◦Financing