TradeLane launches third vintage of industrial fund
TradeLane Properties has launched TradeLane Properties U.S. Industrial Fund III (TLP Fund III), the latest vintage of its U.S. Industrial Fund.
TLP Fund III is targeting $500 million and has a hard cap of $600 million. It is accepting minimum investments of $10 million and will focus on making value-add investments as it acquires, develops, redevelops and manages industrial properties in the central and southeast United States.
TradeLane Properties has in-house teams which focus on management, construction, financing and accounting for the portfolio of properties it acquires and manages.
The fund’s predecessor, TLP Fund II, closed in January 2022 with $400 million of capital raised. It had a similar strategy as TLP Fund III, though it was focused more predominantly on the central U.S. markets.
For more information about this fund and others, visit the IREI.Q database.