Real Estate PE Firm Rockpoint Teams Up With BEB on $1 Billion Logistics Venture: Bloomberg News

In a December 21, 2021 article in Bloomberg News, reporter Natalie Wong covers BEB Capital’s joint venture with real estate private equity firm Rockport Group, noting that “the partners will focus on the Northeast, particularly Long Island, New York, where BEB is based. The venture already has acquired nearly 660,000 square feet (61,000 square meters) of assets.” The article quotes Lee. J. Brodsky, chief executive of BEB Capital, who observes that “the U.S. industrial and last-mile logistics sector continues to be red-hot, and with the growth of e-commerce accelerating during the pandemic, we expect there to be continued strong demand in this asset class.”

Read the complete Bloomberg News article here: