Town Lane, a real estate investment management firm, has announced the acquisition of a 2.7 million square foot portfolio of shallow bay industrial real estate in Raleigh-Durham from Corebridge Real Estate Investors and Equus Capital Partners. This portfolio includes 55 buildings across six industrial parks, along with nearly 40 acres of land available for future development. Town Lane plans to invest in value-add capital expenditures to enhance the portfolio. The portfolio, which serves a diverse mix of tenants, will continue to be managed by BPG Management, an affiliate of Equus. Equus will retain a minority interest in the portfolio.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corebridge Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630886479) on June 30, 2025, and is solely responsible for the information contained therein.