Sagard Real Estate (SRE), a U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, and La Caisse (formerly CDPQ), a global investment group, announced the launch of a new partnership focused on an industrial outdoor storage (IOS) strategy across major U.S. infill markets, with an initial target gross asset value of $360 million (CAD490 million) and the option to scale the partnership through further commitments.
This partnership between two major Québec organizations will deploy an IOS strategy focused on key U.S. seaport markets where strong tenant demand is driven by proximity to major ports, population centers, and trade infrastructure. Priority markets include Southern California, greater New York City/northern New Jersey, the San Francisco Bay Area, Houston and the Baltimore/Washington, D.C., metropolitan area.
“Our partnership with Sagard enables us to create a dedicated IOS platform that
