(Save thedate: RealShareNew Jersey comes to the Hyatt Regency, NewBrunswick, NJ, September 19.)
CLINTON, NJ-Recently, Woodmont IndustrialPartners formed an investment platform withAEW Capital Management L.P. to take on $250million in port-related industrial assets Currently the team areready to take the next step and move into deciding just exactlythey want to do with the assets. In that vein, a recent companyrelease highlights that the team are looking for acquisitions inseaport and inland port markets in the eastern US.
Why look at these markets? Managing partner GenePreston of Woodmont Industrial Partners expressed in thesame statement that the partnership feels “these port-area marketshave tremendous potential for growth due to the expansion of thePanama Canal, and our goal is to acquire a portfolio exceedingseven million square feet.”
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