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MinnesotaIndustrial

CBRE arranges $165 million joint venture partnership for big industrial portfolio

May 12, 2021
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CBRE has arranged a joint venture platform partnership between United Properties and PCPP on an 11-building industrial portfolio focused on delivering top-quality industrial product in high-growth markets.

Phase I of the platform has a pipeline of 11 properties totaling 1,403,341 square foot and are located in the strategic logistic markets of Minneapolis, Denver and Austin. The JV partnership has the potential to carry into Phase II with development of an additional 18 buildings consisting of more than 2.28 million square feet.

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