Realterm completes 1.8msf, 22 property sale
Realterm has sold all 22 properties in its Realterm Logistics Fund II (RLF II) portfolio, liquidating the fund in its entirety. Together this portfolio of 22 transportation-advantaged high-flow-through (HFT) facilities consists of more than 1.8 million square feet of space and 778 doors on 200.4 acres.
“Transportation-oriented properties with differentiated HFT characteristics facilitate the rapid and high-volume movement of goods through supply chains. These properties have gained importance with the growth of ecommerce, which demands increased speed and efficiency from manufacturers and retailers by consumers,” said Bob Fordi, CEO, Realterm. “This 22-property portfolio optimizes ecommerce supply chains and is concentrated in many of the most dynamic primary logistics markets in the United States.”
The national portfolio features properties in primary industrial markets across the country, including New York/New Jersey representing 52 percent of the portf