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LBA Realty markets new billion-dollar fund
Fundraising - APRIL 29, 2019

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LBA Realty markets new billion-dollar fund

by Andrea Zander

LBA Realty has plans to raise $1 billion for its LBA Logistics Value Fund VII.

The fund will invest in the industrial and logistics sector.

Recently, LBA Logistics, a subsidiary of LBA Realty, acquired 3771 Channel Drive, a 624,356-square-foot warehouse/distribution center in West Sacramento, Calif., from Sacramento Foodco Investors, in what is the largest industrial sale of 2019 so far.

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