**Berkeley Partners Exceeds Target with Sixth Value-Add Industrial Fund**
Berkeley Partners, a private equity real estate investment manager specializing in light industrial assets, has successfully closed its latest fund—Berkeley Partners Value Industrial Fund VI, L.P. The fund secured $610.5 million in equity commitments, including associated sidecar capital, surpassing its initial $500 million target.
Fund VI is a closed-end, commingled, value-add vehicle focused on acquiring infill light industrial properties across select U.S. markets. It represents the continuation of Berkeley Partners’ strategy of targeting supply-constrained, demand-driven regions where smaller-bay, infill industrial properties are vital to local economies and tenant needs.
Aaron Snegg, founding partner at Berkeley Partners, stated, “The support of our limited partners reflects the confidence we’ve earned through our disciplined investment thesis, our track record in the light industrial sector, and the long-term relationships we have built with our investors.”
To date, more than 30% of the fund’s capital has already been deployed. The investment team has assembled a portfolio of seed assets during the fundraising period.
*Pictured: A Berkeley Partners industrial property in San Antonio.*
