GreenPoint Partners, an alternatives firm investing at the intersection of real assets, technology and sustainability, has made a strategic investment in Semi-Stow, an Austin-based semi-truck parking and trailer storage operator.
In addition, the launch of GreenPoint’s dedicated $500 million truck and trailer industrial outdoor storage platform. Financial terms of the transaction were not disclosed.
GreenPoint’s investment – the third by its innovative real estate private equity platform – will provide both growth capital for Semi-Stow’s leading operating platform as the company continues to scale and bring its high-quality, customer-centric approach to more locations nationwide, as well as funding to acquire a portfolio of attractive semi-truck parking and trailer storage locations across the United States. With this platform, GreenPoint is targeting a $500 million-plus portfolio of high-quality assets, which would be operated by Semi-Stow and benefit from t