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Sign in Sign up for a FREE subscriptionH.I.G. Realty Partners acquires $487m industrial/flex portfolio
H.I.G. Realty Partners has purchased an industrial/flex portfolio comprising 3.1 million square feet in the New York metropolitan area.
The transaction was valued at $487 million.
“The portfolio represents an opportunity to capitalize on very favorable supply-demand dynamics in the industrial/flex market within the NYC metro region,” said David Hirschberg, co-head of H.I.G. Realty Partners.
The portfolio is leased to approximately 260 tenants across a diverse range of industries.
