Hines U.S. Property Partners Acquires $200M Industrial Portfolio In Fremont, San Diego, Maryland & Tampa
Hines U.S. Property Partners buys industrial portfolio for $200,000,000
Summary
The Industrial Portfolio, consisting of properties in Fremont, San Diego, Maryland, and Tampa, has been sold in a transaction worth $200,000,000. The portfolio comprises various industrial assets, showcasing the buyer's interest in diversifying into alternative property types.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $200,000,000
- Buyer: Hines U.S. Property Partners - Adriana de Alcantara
- Market: Fremont, San Diego, Maryland & Tampa
Hines U.S. Property Partners (HUSPP) has successfully closed four acquisitions, worth approximately $200 million, in their pursuit of diversifying their investments. These acquisitions include the Warm Springs Industrial Park in Fremont, the Brown Field Tech Park II in San Diego, the CapMed portfolio in Maryland, and the 301 Logistics property in Tampa. This notable purchase demonstrates HUSPP's commitment to seizing opportunities for diversified growth.
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