Cincinnati, Pittsburgh, Nashville, and Raleigh are the core markets where Al. Neyer plans to expand through its recent Al. Neyer Industrial Fund II 's $200 million raise.

This fund, which doubled that which was raised in 2021, will eye between 20 and 25 Class A projects that meet the needs of industry facility users through bulk, rear load and single load space, and last-mile industrial.

Dan Ruh, President at Al. Neyer, in a prepared statement, said, "Our goal is to create the right pipeline at the right time for the right users to stay ahead of the market."

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It will get started with the 501,000-square-foot Fairfield Logistics 1A building in Fairfield, Ohio.

Jen Weingartner, vice president of capital and investor relations at Al. Neyer said in prepared remarks, "We continue to see e-commerce, reshoring, and industrial automation in manufacturing fueling the market's appetite for industrial real estate investments, and we have proven the strength and performance of our diverse pipeline."

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