Summit Real Estate Group is pleased to announce the launch of Arrowrock U.S. Industrial Fund V, LP. The private equity real estate fund will focus on ground-up industrial development, following a strategy similar to Summit’s Arrowrock U.S. Industrial Fund IV, LP, which is approaching full deployment. Arrowrock U.S. Industrial Fund V’s investment strategy is to … Continued
Mark Billeaud, founding partner of Summit Real Estate Group, recently shared his wealth of knowledge with NAIOP, discussing key lessons from his 35 years in the commercial real estate industry. In this in-depth interview, Mark discusses Summit’s evolution, including navigating the 2008 financial crisis, focusing on industrial real estate, and building successful portfolios through strategic … Continued
Delivered July 2024, leasing activity at Phase I of US 1 North Commerce Center in Raleigh, NC, is exceeding initial projections. Located on the southern edge of the Franklin County industrial submarket, Phase I’s two multi-tenant Class A warehouse buildings, totaling 394,740 SF, are part of a five-building industrial park. Summit and Foundry Commercial recently … Continued
One of several Summit-led ground-up development projects soon to start construction, Wendell Commerce Center in Raleigh, NC, recently held an event to officially kick off the $260 million project (upon complete buildout) and introduce the industrial park to the local and regional business community. Foundry Commercial, the project’s leasing team, joined Summit in hosting the … Continued
One of several Summit-led ground-up development projects currently under construction, US 1 North Commerce Center in Raleigh, NC, recently held an event to officially kick off Phase II of the development and introduce its two buildings to the local and regional business community. Foundry Commercial, the project’s leasing team, joined Summit in hosting the event, … Continued
A groundbreaking ceremony was recently held for South Florida Distribution Center – Building C in Pembroke Pines, FL. One of several Summit-led development projects currently under construction, Summit and its partners, including local leasing team Cushman & Wakefield, introduced the $57 million project to the local and regional business community. Summit’s Arrowrock U.S. Industrial Fund … Continued
One of several Summit-led ground-up development projects currently under construction, US 1 North Commerce Center in Raleigh, NC recently held a groundbreaking ceremony to officially kick-off the $164 million project (upon complete buildout) and introduce the industrial park to the local and regional business community. Several news outlets covered the event as well as Franklin … Continued
One of several Summit-led ground-up development projects soon to be under construction, US 1 North Commerce Center in Raleigh, NC was recently featured in a press release that is posted below. The 106-acre industrial site was acquired on behalf of Summit’s Arrowrock US Industrial Fund IV in Q4 2022. New Industrial Development Announced in Franklin … Continued