CapRock Partners has held a final closing for its CapRock Value-Add Industrial Fund IV (Fund IV). The vehicle is CapRock’s eighth fund overall and fourth in its value-added series.
Formed in 2023, Fund IV is designed to acquire, reposition and develop value-added industrial properties in high-growth logistics markets throughout the Western and Central United States. The strategy targets underperforming assets that can be enhanced through capital improvements, operational efficiencies or strategic leasing; a portion of the fund is also allocated to new development. Backed by institutional investors, Fund IV seeks to deliver attractive risk-adjusted returns while expanding CapRock’s portfolio of class A logistics facilities.
Fund IV is the largest vehicle in CapRock’s value-added series and the firm’s second largest overall since its founding in 2009. To date, the fund has committed more than 50 percent of its capital across more than 3 million square feet of ind