A joint venture between affiliates of CIP Real Estate and Almanac Realty Investors has secured $820 million in refinancing for a national industrial portfolio comprising 42 shallow bay industrial properties totaling 6.1 million square feet across six states.
The portfolio spans six major industrial markets, including Atlanta; Dallas–Fort Worth; Charlotte, N.C.; Tampa, Fla.; and California’s East Bay and Inland Empire. As of September 2025, the portfolio is 91 percent leased to more than 950 unique tenants.
The properties feature average clear heights of 19 feet; an average office finish of approximately 33 percent; and sizes ranging from 16,176–944,655 square feet, with an average property size of 145,925 square feet. The portfolio's strategic locations provide tenants with proximity to major transportation infrastructure and population centers, supporting a broad range of logistics, ecommerce and distribution users, including last-mile operators and small to med
