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Sign in Sign up for a FREE subscriptionOliver Street Capital and Bain Capital acquire three infill industrial properties in Washington, D.C.
Oliver Street Capital (OSC), a value-add investor focused on infill industrial properties, has expanded into the Washington, D.C., market, in partnership with Bain Capital Real Estate.
The partners formed a joint venture in September 2019 to acquire high-quality, infill industrial properties in select, supply-constrained markets. Since then, the partnership has closed or has under contract more than 30 transactions totaling more than 4.3 million square feet, and it has been one of the most active industrial buyers in the Boston market.
They recently acquired three infill industrial properties in the Washington, D.C., metropolitan area. The transactions represent more than 500,000 square feet and $90 million of combined value.
“We’re excited to enter the Washington, D.C., market with the acquisition of three well-located industrial properties that provide excellent access to the Capital Beltway, downtown Washington, D.C., and the surrounding areas,” said Jo