Strategic Expansion in the Southeast

INDUS Realty Trust, Inc., a leading industrial and logistics real estate investment trust (REIT), has acquired a majority stake in a $575 million logistics portfolio from Childress Klein. The portfolio consists of 21 state-of-the-art logistics buildings spanning 4.3 million square feet across North and South Carolina.

Meeting Growing Demand

This acquisition significantly bolsters INDUS’s presence in the southeastern United States, a region experiencing strong growth in demand for industrial and logistics spaces. The strategic location of these facilities ensures INDUS can cater to the evolving needs of its clients.

A Robust Portfolio

With this investment, INDUS expands its total portfolio to over 9.3 million square feet of modern logistics and industrial spaces across key states, including:

  • Connecticut
  • Pennsylvania
  • Georgia
  • Florida
  • Arizona
  • Tennessee

Global Investment Backing

INDUS Realty Trust is supported by prominent global investors:

  • Centerbridge Partners, L.P.: A private investment firm with extensive real estate expertise.
  • GIC: A global institutional investor.
  • Abu Dhabi Investment Authority: A strategic co-investor through a wholly owned subsidiary.

Positioning for Growth

This acquisition aligns with INDUS’s growth strategy, enhancing its foothold in high-demand logistics markets. By offering modern, strategically located facilities, INDUS continues to serve a diverse client base, solidifying its position as a leader in the logistics real estate sector.

A Vision for the Future

As the logistics and industrial sectors expand, INDUS Realty Trust remains committed to providing top-tier facilities that meet the needs of a dynamic market. This acquisition underscores the company’s dedication to growth and excellence in real estate logistics.