J.P. Morgan Starts $700 Million Joint Venture To Buy Industrial Outdoor Storage Properties

GlobeSt, Paul Bergeron (January 14, 2022)

β€œThe top CEOs, CIOs and strategists point to logistics, Sunbelt multifamily, and outdoor industrial storage.

Logistics properties (particularly infill logistics assets in the so-called last mile between urban storage facilities and consumers); suburban multi-family and single-family housing in Sunbelt states; campus-like clusters (or nodes) of amenity-rich offices for the technology sector; and industrial outdoor storage facilities (including truck terminals, parking and equipment storage) in key urban locations, are set to flourish.”

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Zenith IOS, JP Morgan Partner on $700M Industrial Outdoor Storage JV

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