Chicago-based Clayco's real estate investment and development company, CRG, has launched US Logistics Fund II (USLF II) to develop a projected $1.5 billion of new e-commerce and distribution facilities in key markets throughout the US over the next three years.
CRG has opened the fund to high-net-worth individuals, family offices, wealth management advisers and other accredited investors. The firm is also setting a target of 10% investment from diverse investors by targeting a pool of qualified investors that includes women and persons of color.
CRG President Shawn Clark said the firm is fully committed to creating an inclusive process to facilitate improved access for traditionally underrepresented groups.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
