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Longtime industrial player GID has launched an investment platform with global real estate investor Ivanhoé Cambridge, with an eye toward acquiring industrial assets across growth markets in the US.

GID Industrial will be led by Rene Circ and Mike Wenaas and will focus on acquiring, developing, and managing infill industrial product in locations near dense residential and employment regions. The company’s combined portfolio stands at 19 million square feet in 15 markets across the country, GID said in a statement announcing the launch.

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