**CapRock Partners Closes Fourth Value-Add Industrial Fund**
CapRock Partners, a privately-owned investor and developer specializing in industrial real estate across the Western and Central U.S., announced the final closing of its latest investment vehicle: CapRock Value-Add Industrial Fund IV, LP. This fund marks the firm’s eighth overall and the fourth in its value-add series.
Launched in 2023, Fund IV is the largest installment in CapRock’s value-add strategy and its second-largest fund since the company’s founding in 2009. The fund focuses on acquiring, repositioning, and developing value-add industrial properties in high-growth logistics markets. Its strategy targets underperforming assets with the potential for improvement through capital upgrades, increased operational efficiency, and strategic leasing. A portion of the fund will also support new development projects.
“Our investment strategy is rooted in identifying opportunities where CapRock’s development and operational expertise can create significant value,” said Jon Pharris, co-founder and president of CapRock Partners. “Fund IV will continue to be thoughtfully deployed in our target markets across the Western U.S. and Texas, where tenant demand for modern, well-located logistics space remains strong.”
Pictured: Kennedy Greens Distribution Center in Houston.
