LBA Realty, a vertically integrated real estate investment and management company, has announced the final close of LBA Logistics Value Fund X.
Commitments to the fund, closed 14 months after launch, exceeded $2.2 billion. The fund attracted a diverse institutional investor base, including corporate and public pension plans, endowments, insurance companies and foreign investors.
Consistent with its predecessor fund, LBA Logistics Value Fund X focuses on acquiring value-add and development opportunities in U.S. industrial markets most impacted by factors such as supply-chain evolution, population mobility and advancements in technology.
