Equus Capital Partners and Ontario Teachers’ Pension Plan have completed the acquisition of Ashton Logistics Park, a two-building 523,407-square- foot class A industrial portfolio located in Chesterfield County, Va. The property sits in the Richmond metropolitan area and is fully leased to two institutional-quality tenants with a weighted average lease term of approximately 8.5 years.
The acquisition marks the inaugural transaction under a new joint venture between Equus and Ontario Teachers’, targeting core and core-plus assets in key markets across the United States that have consistently demonstrated resilience through economic cycles and delivered consistent, long-term performance.
Located within Richmond’s I-95 South industrial submarket near the Ruffin Mill interchange, Ashton Logistics Park is positioned along one of the East Coast’s primary distribution corridors, with access to major interstate networks serving the Mid-Atlantic and Southeast regions.
