ABR Capital Partners and Biynah Acquire Additional Assets for TRIP Portfolio

ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have recently added three new properties to their Transportation-Related Industrial Portfolio (TRIP). TRIP is a collection of truck terminals, truck parking, and high flow-through industrial assets spread across the country, now totaling 17 assets.

The latest acquisitions for TRIP consist of a truck terminal in Dallas, Texas, featuring 107 dock doors, a 5-acre truck trailer storage yard in Nashville, Tennessee, boasting 101 truck drops, and a two-building truck terminal with a maintenance facility in Phoenix, Arizona, offering 43 dock doors.

The joint venture is actively pursuing additional opportunities for acquisitions. "We are constantly engaging with sellers of this product type nationwide and are committed to expanding the TRIP portfolio," stated Jeff Josephs, Managing Partner at BIP.

"Jeff and his team have done an excellent job in building a strong portfolio, and with the promising pipeline, we anticipate the momentum to continue," added Tom Burton, Senior Managing Director and CIO of ABR.

ABR Capital Partners (ABR) is a real estate investment manager based in Baltimore. With a proven track record spanning fifty years, ABR has unrestricted access to a wide range of opportunities in the middle market. They have established long-standing relationships with leading real estate operators across the United States. ABR specializes in value-add, opportunistic, and core-plus investments in the middle market. They adopt a focused yet flexible approach when considering market, property type, and capital structure, with the goal of maximizing risk-adjusted returns at both the asset and portfolio level. Since its inception, ABR has acquired over $4.5 billion worth of assets through more than 400 transactions and six real estate funds. For more information, visit abrcapital.com.

Biynah Industrial Partners, LLC (BIP) is a private equity firm located in Minneapolis that makes direct investments in industrial real estate throughout the United States. For more information, visit biynahpartners.com.

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Title: ABR Capital Partners and Biynah Expand TRIP Portfolio with New Acquisitions

Introduction (240 words):

ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have announced their successful acquisition of three additional properties for their Transportation-Related Industrial Portfolio (TRIP). TRIP comprises a diverse range of truck terminals, truck parking, and high flow-through industrial assets spread across the country. With the new additions, the TRIP portfolio now includes a total of 17 assets.

Details of the Acquisitions (330 words):

The recent acquisitions for TRIP demonstrate ABR and BIP's commitment to expanding their portfolio strategically. The newly acquired properties include a truck terminal in Dallas, Texas, which boasts an impressive 107 dock doors. This facility is strategically located to cater to the high demand in the region. Additionally, a 5-acre truck trailer storage yard in Nashville, Tennessee, featuring 101 truck drops, has been added to the portfolio. Lastly, a two-building truck terminal with a maintenance facility in Phoenix, Arizona, comprising 43 dock doors, has been acquired, further increasing the portfolio's diversity.

Future Acquisition Opportunities (300 words):

ABR and BIP have expressed their dedication to actively seeking additional opportunities for acquisitions to accelerate the growth of the TRIP portfolio. According to Jeff Josephs, Managing Partner at BIP, they are continuously engaging with sellers of similar properties throughout the country. This proactive approach ensures that ABR and BIP are at the forefront of potential investment opportunities and can capitalize on promising prospects.

Positive Outlook and Momentum (300 words):

Both ABR and BIP express confidence in the future growth and success of the TRIP portfolio. Tom Burton, Senior Managing Director and CIO of ABR, applauded Jeff Josephs and his team for their exceptional work in assembling a strong and healthy portfolio. The success of these recent acquisitions, combined with a promising pipeline of opportunities, has paved the way for continued momentum and expansion in the future.

Conclusion (180 words):

The latest acquisitions made by ABR Capital Partners and Biynah Industrial Partners highlight their commitment to strategically expanding their Transportation-Related Industrial Portfolio (TRIP). The addition of a truck terminal in Dallas, a truck trailer storage yard in Nashville, and a two-building truck terminal in Phoenix further diversifies the TRIP portfolio and positions it for continued growth. ABR and BIP's active pursuit of additional acquisition opportunities reflects their dedication to maximizing the portfolio's potential. With their proven track record, extensive industry relationships, and comprehensive investment strategies, ABR and BIP are well-positioned to navigate the dynamic industrial real estate market successfully. The TRIP portfolio is expected to bring substantial returns for ABR and BIP, further solidifying their standing as leaders in the real estate investment sector.