Summit Real Estate Group has launched Arrowrock U.S. Industrial Fund V, LP, a private equity GP fund focused on ground-up industrial development.
The fund will develop speculative industrial assets in high-growth U.S. markets to capitalize on growing demand driven by manufacturing, the flight to modern facilities, and ecommerce tailwinds. The fund will focus on developing multi-tenant industrial buildings near population centers and critical infrastructure. These modern buildings will incorporate features required by today’s tenants, including a high dock count, trailer and outdoor storage, and enhanced electric service. Summit’s projects will include both single buildings and multi-building industrial parks.
The fund follows Arrowrock U.S. Industrial Fund IV, LP, Summit’s first GP fund, which is approaching full deployment. Fund IV’s portfolio includes nine projects, and two additional projects have been identified. Upon complete buildout, Fund IV will represe
