Transactions | Sep 27, 2023
BGO IREIT acquires interest in $948m Midwestern industrial portfolio
BGO Industrial Real Estate Income Trust, Inc. (BGO IREIT), an externally managed, non-traded REIT focused on investing in primarily stabilized, income-oriented industrial warehouse and logistics properties primarily located in the United States, announced the acquisition of an indirect 34.2 percent ownership interest in a portfolio of Midwestern industrial assets valued at approximately $948 million, in exchange for 13 million units of its operating partnership.
