Crow Holdings Industrial Properties Trust (CHIPT), a strategy managed by Crow Holdings Capital, has closed on more than $600 million of equity commitments, which will unlock more than $1.5 billion of project-level investment.
The firm garnered strong support from wealth advisory and family office platforms.
CHIPT will pursue the development and acquisition of class-A industrial properties in key logistics markets across the United States. CHIPT said it seeks to capitalize on the favorable market dynamics and unprecedented tailwinds in the industrial and logistics sector, with a curated portfolio of industrial properties that meet the needs of today’s modern logistics users.
The company’s national platform includes seven regional offices in integral U.S. logistics markets, providing efficient access to transportation infrastructure and population centers.
“As one of the most active industrial investment and development platforms over the past decade,