REALTERM HOLDS FINAL CLOSING ON $240MM VALUE-ADDED U.S. LOGISTICS FUND
ANNAPOLIS, February 7, 2017 – Realterm is pleased to announce the successful closing of its sixth fund across its platform, Realterm Logistics Fund II (RLF II), at its hard cap of $240 million. This fund is the second in a value added fund series on behalf of Realterm Logistics, Realterm’s surface transportation logistics platform. RLF II invests exclusively in high flow-through logistics and final mile industrial real estate across the U.S. RLF II’s LP base includes a mix of endowments, foundations, public and private pensions, and insurance companies.
Commenting on the fund’s closing, Bob Fordi, CEO and Managing Partner of Realterm Logistics, said, “We are exceptionally gratified by the enthusiastic support of our limited partners, many of whom have invested with us before. We look forward to the continued opportunity to earn their commitment as we commence investment of RLF II.”
RLF II is part of the Realterm Logistics value-added fund series. Realterm Logistics is Realterm’s surface transportation logistics real estate operating platform, which owns and manages one of the largest portfolios of high flow-through transportation-related logistics real estate portfolios in the U.S. Realterm Logistics capitalizes its investments through this closed-end, commingled, value-added fund series, as well as several programmatic joint ventures that house the platform’s core transaction flow.
“Realterm is thrilled to have had all investors from our first fund in the series re-commit for RLF II in addition to broadening our investor group. We appreciate the trust that both our new and existing limited partners have shown in us,” said Peter Lesburg, Realterm’s Managing Director of Capital Markets. “The successful fundraising highlights the strength of our team, the market opportunity and our investors’ enthusiasm for our investment approach.”