IP Capital seizes on “blind spots” with $250M industrial fund
A real estate investment company launched a $250 million fund targeting Southeast U.S. industrial properties amid a surge in domestic manufacturing demand. Boca Raton-based IP Capital Partners’ IPCP Southeast Industrial Fund II targets $1 billion in purchases across Florida, Georgia, Tennessee, and North and South Carolina, seizing on 150,000-square-foot to 300,000-square-foot properties in the $15 million to $50 million range, according to a news release and IP Capital President Jason Isaacson. “This is a small and nimble income and growth fund,” Isaacson said. A “large institutional fund is too big to buy these mid-market type sizes, which ironically to us […]This article originally appeared on The Real Deal. Click here to read the full story.
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