Atlanta-based real estate investment firm Glenfield Capital has launched a $150 million equity fund targeting core-plus office buildings in the Southeast and Midwest.

More than half of the Glenfield Stabilized Income Fund is committed, and Glenfield said it is "actively fundraising and seeking additional assets that meet its narrow and disciplined criteria of well-leased office buildings in attractive suburban markets."

The fund launched in October with three assets: the three-building Timberlake Corporate Center in St. Louis, One Federal Place in Birmingham, and Gramercy Woods in Jacksonville.  Glenfield bought One Federal Place for $67 million in June from Gemini Rosemont.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.