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.
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