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Summit Launches Industrial Development Fund

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

NAIOP Development Magazine Features Summit’s Mark Billeaud

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

Leasing Momentum at US 1 North Commerce Center

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

Making Headlines: Wendell Commerce Center

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

Making Headlines: US 1 North Commerce Center – Phase II

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

Leasing Momentum at Pineview Trade Center

Delivered June 2024, leasing activity at Pineview Trade Center in Columbia, SC is exceeding initial projections. Located in the Southeast Columbia industrial submarket, the Class A 351,540 SF multi-tenant warehouse building is part of Richland County’s ±1,000-acre master-planned Pineview Industrial Park, the closest Class A industrial park to Columbia’s urban core, the University of South … Continued

Summit Announces New Hire

Summit Real Estate Group is pleased to announce that Alyssa Lucas has joined the firm as a Marketing Associate. Alyssa brings over two years of marketing experience to Summit and will be responsible for firm-wide marketing efforts, including website management, media, and content creation. Additionally, she will support investor relations and reporting functions related to … Continued

Summit Identifies Industrial Site in Pensacola, FL

Summit Real Estate Group is pleased to announce that it has closed on a 12.7-acre industrial site northeast of Pensacola in Santa Rosa County within the City of Milton, FL. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV, the development project will be known as I-10 Coastal Commerce Center and include two buildings … Continued

Summit Delivers US 1 North Commerce Center – Phase I in Raleigh, NC

Summit Real Estate Group’s Arrowrock US Industrial Fund IV is pleased to announce the delivery of Phase I at US 1 North Commerce Center in Youngsville, NC, just north of Raleigh. Located on the southern edge of the Franklin County industrial submarket and offering immediate access to Highway 1, the 106-acre industrial site was acquired … Continued

Making Headlines: Hamilton Logistics Center

One of several Summit-led ground-up development projects currently under construction, Hamilton Logistics Center in Lakeland, FL recently held a groundbreaking ceremony to officially kick-off the $40 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 the Central Florida … Continued