Publications

ElmTree Funds buys five properties for $275m
Transactions - MARCH 8, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

ElmTree Funds buys five properties for $275m

by Released

ElmTree Funds has acquired five assets for $275 million on behalf of its flagship fund, ElmTree U.S. Net Lease Fund IV. The recent acquisitions include 1.5 million square feet of class A logistics and office assets, each of which is fully leased to an investment grade tenant, on a long-term basis.

The St. Louis-based private equity real estate investment firm launched its flagship fund, ElmTree U.S. Net Lease Fund IV, in July of 2020 with an investment strategy of investing in the top MSA’s in the U.S., focusing on industrial assets leased to credit tenants on a long-term basis. Since the fund’s final close in October 2021, which was oversubscribed at $888 million, ElmTree has remained active in the market and carried its momentum into 2022. The firm continues its strategic sourcing of investment opportunities through funding build-to-suit developments and acquisitions of mission critical industrial and office assets.

The latest string of deals e

Forgot your username or password?