JP Morgan and Zenith double down on US outdoor storage venture

Written By stefne jean

JP Morgan Asset Management and Zenith IOS have formed a second $700m (€640.7m) US industrial outdoor storage (IOS) assets venture, following their initial partnership in February 2024.

The joint venture will target core infill sites with low building density for investments ranging from $5m to $20m nationwide.

Building on Zenith’s existing portfolio in Arizona, California, Florida, Georgia, Oregon, Texas and Washington, the new capital will expand the platform’s footprint across the US.

Read More

stefne jean
Previous

IOS sector on the rise with institutional capital, says Zenith
Next

Zenith IOS announces second $700m JV with JP Morgan