Atlanta Chicago National Industrial Industrial Service Facilities Gain Favor as Asset Class

CHICAGO—Industrial Outdoor Ventures is the first national real estate investor focused exclusively on outdoor storage facilities, and it has gotten a stamp of approval from a syndicate of banks led by CIBC. The Chicago-based group has entered into a $65 million secured revolving credit agreement with the syndicate and expects over the next six months to expand its existing holdings to $100 million plus in assets.

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Posted Under: CBOR News