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Sign in Sign up for a FREE subscriptionRockpoint forms industrial real estate partnership with industry veteran
Rockpoint Group has formed an exclusive strategic partnership with Benjamin Harris to pursue industrial investment opportunities in infill, demand-driven markets across the risk spectrum on behalf of Rockpoint-sponsored funds. Harris has been a leading real estate industry investor during the past 23 years and has acquired, developed and/or operated nearly 500 million square feet of industrial properties across 50 markets.
The partnership will focus on high-quality industrial facilities in high-barrier-to-entry locations across primary gateway and growth markets in the United States. The partnership expects to acquire existing industrial assets with strong cash flow profiles, to reposition and redevelop outdated properties located in superior locations, and to selectively develop new product.
“Our new venture with Ben will significantly enhance Rockpoint’s access to and expertise in the important industrial asset class, which has demonstrated increasing stability a