Box Equities forms JV with Artemis Real Estate Partners

Box Equities has entered into a joint venture agreement with Artemis Real Estate Partners.

In addition, Box Equities purchased a 500,000-square-foot warehouse in Kings Mountain, N.C., with a single tenant, Hanesbrands. This brings the 10-month-old New York City–based Box Equities’ portfolio of industrial real estate to more than 2.3 million square feet.

“The current supply-chain disruptions that we are seeing will continue into the foreseeable future,” said Haim Dabah, chairman of Box Equities. “Retailers and manufacturers today need a reliable and efficient labor force to move the products to consumers. By investing in areas with loyal labor pools, we are mitigating many of the problems that the logistics industry is currently experiencing.”

Box Equities plans to buy commercial properties in markets with loyal labor pools. The company also works closely with local economic development authorities to create jobs and generate investment opportunities