Sagard Real Estate (SRE), a U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, announced the acquisition of Chapman 71, a 13-acre industrial outdoor storage (IOS) property in Austin. The acquisition expands the IOS joint venture between SRE and global investment group La Caisse (formerly CDPQ), to invest in strategically located assets across major high-growth U.S. logistics and industrial infill markets.
“Austin continues to benefit from strong population growth, corporate relocations and expanding manufacturing activity, creating sustained demand for industrial outdoor storage facilities,” said Brett Birkeland, managing director, acquisitions at SRE. “Chapman 71 is a strategically located, fully leased infill asset with strong connectivity to key transportation infrastructure and major employment centers, making it a valuable addition to our growing IOS portfolio with La Caisse.”
Loca
