Standard Real Estate Investments, LP, a minority-owned national real estate investment and development firm with offices in Los Angeles and Washington D.C., has formed an equity investment venture with funds managed by GCM Grosvenor to target industrial property developments in markets across the U.S. over the next 12-18 months totaling approximately $150 million.
Robert Jue, CEO of Standard expressed his excitement about the venture stating that “the user demand side remains strong – we see continued growth of both e-commerce and onshoring of overseas facilities – but the capital markets remain challenging for sponsors, which is why our program can help fill a financing gap”. The joint venture is targeting three to four transactions within major logistics markets nationwide; focusing on shovel-ready warehouse/logistics properties ranging from 200K to 500K square feet in size
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR
Steve Griffin
November 14, 2024
