Institutional appetite for high flow through (HFT) logistics real estate remains strong, with Realterm raising raised $630 million in LP commitments for its latest fund that focuses on this category.
The Realterm Logistics Fund IV (RLF IV) hit its contractual hard cap of $630 million in LP commitments. It’s the fourth fund in the firm’s US closed-end, value-add Realterm Logistics Fund Series. Realterm defined HFT properties as ones that facilitate the movement, not the storage, of freight through the nation’s supply chain.
Property types include cross-dock truck terminals, transload and related trans-shipment, final mile delivery facilities, industrial outdoor storage, and parcel sortation, among others.