Westmount Realty Capital and Stockbridge form JV to acquire industrial portfolio in Chicagoland

Westmount Realty Capital and Stockbridge have partnered to acquire a 1.7 million-square-foot light industrial portfolio, consisting of four industrial parks in the Chicago region. A sales price was not disclosed.

“Westmount has remained bullish on the Chicago industrial market, and we are actively looking for off-market industrial deals in key submarkets in the region,” said Clifford Booth, CEO of Westmount. “With this acquisition, we are also looking to expand our Chicago regional office with the addition of nearly a dozen new positions.”

View the full Institutional Real Estate, Inc. article

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