Summit Real Estate Group is pleased to announce the launch of Arrowrock US Industrial Fund IV, LP. The private equity real estate fund will focus on ground-up industrial development and follows Summit’s successful exit of Arrowrock Income & Growth Fund III, LP. Arrowrock US Industrial Fund IV’s investment strategy is to develop speculative, multi-tenant industrial … Continued
Summit Real Estate Group is pleased to announce that Collin Garvey has joined the firm as Analyst, Investments. Collin will be involved in supporting investment analysis on prospective acquisitions as well as aspects of acquisition strategy including sourcing, underwriting, and due diligence. Prior to joining Summit, Collin was a Transaction Coordinator with Cushman & Wakefield … Continued
Summit Real Estate Group is pleased to announce that it has executed a $190 million portfolio sale on behalf of Arrowrock Income & Growth Fund III, LP (AIGF III). Assembled over a three year period, the six property portfolio represents 1.6 million square feet throughout Texas, Georgia, and Florida. Boston, MA-based Taurus Investment Holdings, LLC, … Continued
Summit Real Estate Group is pleased to announce that it has closed on a 18.9 acre industrial site, southeast of Atlanta in LaGrange, GA. The ground-up development project will be known as Troup Logistics Center and include a single, multi-tenant warehouse building representing 190,457 square feet. Located in the Troup County industrial submarket, the site … Continued
Summit Real Estate Group is pleased to announce the disposition of Prestonwood II at its Prestonwood Court portfolio in Dallas, TX. Prestonwood Court is a 50,925 square foot, two-building multi-tenant retail portfolio acquired Q1 2017 on behalf of Summit’s Arrowrock Income & Growth Fund II (AIGF II). At 11,257 square feet, Prestonwood II represents the smaller … Continued
Summit Real Estate Group is pleased to announce that it has closed on a 24.97 acre industrial site, just west of Spartanburg, SC. The ground-up development project will be known as Gateway 29 and include a single, multi-tenant warehouse building representing 247,730 square feet. Located in the Upper Spartanburg industrial submarket and part of the … Continued
Summit Real Estate Group is pleased to announce that Sharps Compliance, Inc. based in Houston, Texas, has leased 27,318 square feet at Corporate Center Fannin I in Houston, Texas. The 218,966 square foot warehouse/distribution building was acquired Q3 2019 on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III). At the time of … Continued
Summit Real Estate Group is pleased to announce the disposition of Prestonwood I at its Prestonwood Court portfolio in Dallas, TX. Prestonwood Court is a 50,925 square foot, two-building multi-tenant retail portfolio acquired Q1 2017 on behalf of Summit’s Arrowrock Income & Growth Fund II (AIGF II). At 39,668 square feet, Prestonwood I represents the … Continued
Summit Real Estate Group, a vertically integrated commercial real estate investment and operating company based in St. Louis, Missouri, is announcing the partial disposition of The Crossings at Richmond Heights. The 5,810 SF building occupied by Red Robin International, Inc. is part of a 106,000 SF mixed-use development completed by Summit in Q2 2019. The … Continued
Summit Real Estate Group, as developer and consultant to area community leaders, is pleased to announce that a 8.7 acre re-development site has been acquired in Dellwood / Ferguson, Missouri just north of St. Louis. The $16 million re-development of Springwood Plaza, a 90,000 square foot shopping center, will be known as R&R Marketplace. The … Continued