Meritex this week closed the commitment period for its Meritex Industrial Fund IV, having achieved its target of $100 million in investments.
Tom Hotovec, president, Meritex, said his company has committed 20 percent of the equity in the fund, which is targeting approximately $250 million in industrial investment properties within 10 U.S. target markets.
The fund to date has acquired approximately $92 million in industrial properties in four target markets – Phoenix, Minneapolis, Atlanta, and Kansas City.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
