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Seasoned investors Mark Moshayedi and Ryan Gallagher launch Space Investment Partners to focus on acquiring assets that will benefit from changes in technology and migration patterns.
Landlords are backfilling vacant big-box spaces with multiple discount retailers, while Amazon explores growth in brick and mortar to complement their digital presence, says Hanley Investment Group's Bill Asher.
BKM Capital Partners closes the first round of BKM Industrial Value Fund II with $160 million in commitments and an additional $100 million in soft-circled commitments months before its final closing this summer.
The firms have formed a joint venture project to purchase $500 million in value-add office product over the next two years, and they have already made their first two buys in California.