(MAR 1, 2024 – HOUSTON) – Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund III (“TSP Fund III”), announces it has acquired 10433 Ella Blvd. in Houston. The 601,426-square-foot industrial distribution facility is fully leased to Emser Tile.
(FEB. 7, 2024 – HOUSTON) – Transwestern announces Brian Delgado has been named Senior Managing Director, Global Head of Capital Markets. In this role, Delgado will partner with Charles Hazen, President of Transwestern Investment Group (TIG®), and Carleton Riser, President of Transwestern Development Company (TDC®) to lead business development and capital raising efforts for the Transwestern companies.
(JAN. 24, 2024 – CHARLOTTE, S.C.) – Transwestern Investment Group (TIG®) announces it has acquired Inland Port Greer 85 Building 3 on behalf of a separately managed account. The newly built,, 607,160-square-foot industrial asset located in Greer, South Carolina, is 100% occupied and equally divided between two tenants.
Transwestern Investment Group (TIG®) and Washington, D.C.-based Acento Real Estate Partners announce the sale of Northwest Corporate Plaza, a 221,736-square-foot light industrial portfolio located at 4081-4119 Leap Road in Hilliard, Ohio. The two-building asset is 88.3% leased to seven tenants representing a diverse mix of industries.
Transwestern Investment Group (TIG®), on behalf of a separately managed account, and Fidelis Industrial have acquired 56 acres in Georgetown, Texas, for the development of Berry Creek Business Park, a 520,571-square-foot industrial project. The three-building asset is scheduled to deliver in the fourth quarter of 2024.
Transwestern Investment Group (TIG®) and Altus Power, the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to explore the development and construction of solar arrays and battery storage solutions for a subset of TIG’s industrial real estate properties, furthering Transwestern’s commitment to its stated ESG objectives
Transwestern Investment Group (TIG®), announces the sale of a mixed-use portfolio including four office buildings, retail, and medical office located within the CityLine development in Richardson, Texas. The assets are 97% occupied and were sold on behalf of undisclosed clients for which TIG provides asset management services.
Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund III (“TSP Fund III”), announces it has acquired 101 Commerce Drive in Hazelton, Pennsylvania. The 470,000-square-foot industrial distribution facility is fully leased to an undisclosed tenant.
Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund II (“TSP Fund II”), announces the sale of The Warner, a 336-unit multifamily community at 2670 S. AW Grimes Blvd. in Round Rock, Texas. The 7-building property was 96.1% occupied and 97.5% leased at the time of the sale.
Transwestern Investment Group (TIG®) and Washington, D.C.-based Acento Real Estate Partners announce the sale of Gatewood Plaza, an 88,995-square-foot office asset located in Fairfax, Virginia. The property is 96% occupied, including long-term tenants Trident Systems and PE Systems.
Transwestern Investment Group (TIG®) announces it has acquired 8401 Air Commerce Drive on behalf of a separately managed account. The 314,102-square-foot industrial asset located in Louisville, Kentucky, is fully leased to Johnson Controls Inc.
Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund III (“TSP Fund III”), announces it has acquired 29.1 acres in Ellenwood, Georgia, and is partnering with Transwestern Development Company (TDC®) to build a 265,775-square-foot distribution center on the site. Construction is scheduled to begin in the fourth quarter of 2023, with delivery anticipated in the third quarter of 2024.
Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund III (“TSP Fund III”), announces it has acquired 15.88 acres in Riverside, California, and is partnering with Transwestern Development Company (TDC®) to build a 307,394-square-foot industrial property on the site. Construction is scheduled to begin in the third quarter of 2023, with delivery anticipated in the third quarter of 2024.
Transwestern Investment Group (TIG®) announces it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI) as a part of its effort to foster sustainable investing.
Transwestern Investment Group (TIG®) announces it has acquired Rickenbacker Global Logistics Park Rail Site 8 on behalf of a separately managed account. The 582,400-square-foot industrial asset located at 1417 Rail Southern Court in Columbus, Ohio, is fully leased to an investment-grade tenant.
Transwestern Investment Group (TIG®) announces accomplished commercial real estate investment professional Paul Noland has been named Senior Managing Director, Head of Acquisitions.
Transwestern Investment Group (TIG®) announces it has acquired Ameriplex 4 on behalf of a separately managed account. The property, a 912,522-square-foot Class A industrial asset located at Ameriplex Parkway and I-70 in Indianapolis, Indiana, is fully leased by PepsiCo’s Quaker Sales & Distribution Inc.
Transwestern Investment Group (TIG®) on behalf of its discretionary investment fund, Transwestern Strategic Partners Fund II (“TSP Fund II”), announces the sale of 28 Gateway Commerce Center, a 500,000-square-foot, Class A cross-dock warehouse in Edwardsville, Illinois. The property was fully leased to Walgreens.com, Inc. at the time of sale.
Transwestern Investment Group (TIG®) announces the sale of Redmond Hilltop, a 178,957-square-foot office asset comprising three two-story buildings in Redmond, Washington. The property is fully leased on a long-term basis to a single, undisclosed tenant.
Transwestern Investment Group (TIG®) announces it has named Gary Jaye Executive Managing Director and Chief Investment Officer. Jaye will direct overall investments for TIG, including the Transwestern Strategic Partners Fund series and various separate accounts, as well as lead a team of investment professionals who are pursuing exceptional real estate investment and development opportunities nationwide.
Transwestern Investment Group (TIG®), the investment management arm of the Transwestern family of companies, announces that it has raised $325 million of commitments for Transwestern Strategic Partners Fund III (“TSP Fund III”), a discretionary closed-end fund. TSP Fund III marks the firm’s largest fundraise to date.
Transwestern Investment Group (TIG®), on behalf of a separately managed account, announces it has acquired 4.6 acres in the Palmdale/Lancaster submarket of North Los Angeles, and is partnering with Transwestern Development Company (TDC®) to build a 99,840-square-foot industrial property on the site.
Transwestern Investment Group (TIG®), on behalf of a separately managed account, announces the sale of Southwest Commerce Center, a 477,355-square-foot cross-dock industrial facility at 611 S. Cravens Road in Missouri City, Texas. The facility was 100% leased at the time of sale.
Transwestern, an integrated commercial real estate services, development and investment management firm, announces the promotion of Josh Richards to Corporate Director, ESG. In this role, Richards is responsible for expanding engagement across the various companies to identify, track and communicate ESG goals and key performance indicators; advocating for responsible, proactive programming that advances the brand and mission of Transwestern and its clients; evaluating partnerships and opportunities to deliver resources at the leading edge of industry; and reporting progress against the firm’s commitments to all stakeholders.
Transwestern Investment Group (TIG®) announces Kimberly Steinberg has been named Managing Director, Head of Business Development and Investor Relations. In her role, Steinberg will oversee capital raising efforts for the firm’s fund vehicles and separately managed accounts, as well as relationship building between existing and prospective U.S. and foreign institutional investors.
Transwestern Investment Group (TIG®) and Washington, D.C.-based Acento Real Estate Partners announce the sale of a three-building, 213,660-square-foot industrial portfolio in Orlando. The properties, Monroe Commerce Center and Park South, were 100% leased at the time of sale to Florida-based Richland Capital Holdings.
Transwestern Investment Group (TIG®), on behalf of a separately managed account, announces it is partnering with Crescent Communities to develop a 285-unit multifamily community on a 10-acre site at 15825 Marvin Road in the city’s Ballantyne submarket. Branded NOVEL Ballantyne, construction will begin in first quarter 2022 with expected completion in the second half of 2023.
Transwestern Investment Group (TIG®) announces the sale of I-215 Commerce Center, a 225,353-square-foot industrial building at 1648 Ashley Way in Colton, California. Situated in the popular Inland Empire East submarket, the property was 100% leased at the time of sale to an investor advised by New York-based Zurich Alternative Asset Management (ZAAM).
Transwestern Investment Group (TIG®), along with its partner, Allen Harrison, announce the sale of The Highline, a 208-unit multifamily community at 5655 UTSA Blvd. in San Antonio, Texas. The 10-building property was 98.1% occupied and 100% leased at the time of sale.
Transwestern Investment Group (TIG®) announces the sale of 22 Gateway Commerce Center Drive, a 155,700-square-foot industrial building in Edwardsville, Illinois, on behalf of its discretionary investment fund, TSP Value and Income Fund II. The property was 57% leased at the time of sale to New York/New Jersey-based Moxie Equities.
Transwestern Investment Group (TIG®) announces the sale of a 10-building, 2.9 million-square-foot industrial portfolio on behalf of its discretionary investment fund, TSP Value and Income Fund II. The properties, which were 100% leased at the time of sale to Stockbridge, span Missouri, Indiana and Ohio.
Transwestern Investment Group (TIG®), along with its partner, Knightvest Capital, announce the sale of Paseo Park, a 35-building garden-style apartment community at 5205 W. Thunderbird Road in Glendale, Arizona. The multifamily asset comprises 480 one-, two- and three-bedroom units and was 98.7% occupied at the time of sale to an undisclosed buyer.
Transwestern Investment Group (TIG®) announces the sale of Midtown Square, a 215,000-square-foot multifamily asset at 998 Church St. in Glenview, Illinois. Located in the highly sought-after North Shore submarket, the community offers 138 one- and two-bedroom units and was 93% leased at the time of sale.
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Transwestern Investment Group (TIG®) announces it has sold the Michelin Super Regional Distribution Center in Wilmington, Illinois, to Silver Creek Development.
Transwestern Investment Group (TIG®) announces the acquisition of Daniel Island Village, a 283-unit apartment community at 455 Seven Farms Drive in Charleston, South Carolina.
Transwestern Development Company (TDC®) announces it has broken ground on two speculative industrial projects in Fontana, California. Totaling 483,500 square feet, the developments are adjacent to Interstates 10 and 15, providing excellent access to the entire Southern California region.
Transwestern Investment Group (TIG®) announces it is partnering with Stanmore Partners to develop Stanmore Warner Ranch, a 336-unit multifamily project at 2630 S. A.W. Grimes Blvd. in Round Rock, Texas.
Transwestern Investment Group (TIG®) and Trammell Crow Residential (TCR), the multifamily development company of Crow Holdings, announce the sale of Alexan Cherry Creek, a recently completed, 164-unit apartment community in the highly coveted Cherry Creek submarket of Denver.
Transwestern Investment Group (TIG®) and a national operator announce the acquisition of Century Highland Creek, a 338-unit apartment community at 5410 Prosperity Ridge Road in Charlotte, North Carolina. Centennial Holding Co., an institutional owner based out of Atlanta, sold the property.
Transwestern announces Doug Prickett, CRE, has been named Senior Managing Director of Investments & Analytics. In this role, he will lead research efforts for the Transwestern organization, developing advanced analytics and using cutting-edge technologies to guide and support real estate investment strategy, market and asset selection, underwriting, portfolio management, and workplace solutions for Transwestern and its clients.
Transwestern Investment Group (TIG®) announces it has acquired Bohannon Logistics Center, a 238,533-square-foot industrial building at 5002 Bohannon Road in Fairburn, Georgia. The newly constructed property was completed in early 2020.
Transwestern Investment Group (TIG®) announces it has acquired Arenth Commerce Center. Located at 17891 – 17907 Arenth Ave. in Los Angeles, the two-building industrial property totals 90,318 square feet.
Transwestern Investment Group (TIG®) and S2 Capital LLC today announce the sale of The Morgan, a 464-unit multifamily community. Denver-based PaulsCorp LLC (Pauls) acquired the property at 1611 Oak Creek Lane in Bedford, Texas.
Transwestern Development Co. (TDC®) today announces it has sold a 178,516-square-foot industrial property on behalf of TDC Franklin Park Partners I LLC, a partnership with one of Transwestern Investment Group’s (TIG®) accounts.
Transwestern Investment Group (TIG®) today announces it has sold a 519,056-square-foot industrial property on behalf of Acento Real Estate Partners to Founders Properties. TIG acquired this asset in 2014 as part of a 2 million-square-foot portfolio acquisition.
As many investors will attest, few industrial portfolios available today will entirely dovetail with a buyer’s needs. Real Capital Analytics data shows approximately 70% of industrial asset sales are one-off transactions, creating a fundamental mismatch between those offerings and the volume of capital that seeks large-scale placement in the sector.
(NOVEMBER 12, 2019 – HOUSTON) – Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report from Transwestern.
(JUNE 19, 2019 – DALLAS) – Transwestern Investment Group (TIG®) today announces it has sold a 1.5 million-square-foot industrial portfolio on behalf of the Diversified International Partners Fund.
(APRIL 22, 2019 – DALLAS) – Transwestern Investment Group (TIG®) today announces it has acquired a 1.5 million-square-foot industrial portfolio on behalf of TSP Value and Income Fund II.
(APRIL 18, 2019 – DALLAS) – Transwestern Investment Group (TIG®) today announces it has raised $200 million for TSP Value and Income Fund II, a real estate investment fund that will follow the initial strategy of reducing volatility in the value-add space by focusing on current income while providing value creation.
(APRIL 16, 2019 – DALLAS) – Transwestern Investment Group (TIG®) today announces it has completed the monetization of TSP Value and Income Fund I, a real estate investment fund that delivered a 17% net IRR to investors after fees, expenses and carried interest.
(MARCH 22, 2019 – DALLAS) – Transwestern Investment Group (TIG®) today announces it has sold a 3.5 million-square-foot industrial portfolio on behalf of one of its discretionary investment funds, TSP Value and Income Fund I. An institutional foreign buyer acquired the 21 logistics facilities spanning Illinois, Ohio, Indiana and Kentucky.
(MARCH 14, 2019 – PARSIPPANY, N.J.) – Transwestern Investment Group (TIG®) today announces it has sold a 400,127-square-foot, Class A office building at 300 Kimball Drive in Parsippany, New Jersey, on behalf of a large national insurance company.
(FEB. 12, 2019 – FORT WORTH, TEXAS) – Transwestern Investment Group (TIG®) today announces it has acquired a 1.2 million-square-foot industrial property in north Fort Worth, Texas. TIG acquired the property from DHL Supply Chain on behalf of one of its separately managed accounts.
(FEB. 12, 2019 – AUSTIN, TEXAS) – Transwestern Investment Group (TIG®) today announces it has it has sold Southpark Commerce Center V to Hillwood. Located within the Southeast industrial submarket of Austin, Southpark Commerce Center V is a recently completed, 50 percent leased, three-building project totaling 350,171 square feet at 4500 S. Pleasant Valley Road in Austin, Texas.
(NOV. 1, 2018 – DALLAS) – Transwestern Investment Group (TIG®) today announces that Texas Municipal Retirement System (TMRS) has approved the formation of a strategic relationship with TIG involving a $250 million commitment to multiple real estate investments managed by TIG. The investments will include discretionary vehicles and separately managed accounts investing in core, core-plus and value-add strategies in major markets across the U.S. targeting industrial, multifamily, office, retail and healthcare.
(OCT. 26, 2018 – REDMOND, WASH.) – Transwestern Investment Group (TIG®) today announces it has sold Redmond Technology Center on behalf of one of its managed funds. The 101,695-square-foot, Class A office building is located at 18300 Redmond Way in Redmond, Washington.
(OCT. 4, 2018 – SAN JOSE, CALIF.) – Transwestern Investment Group (TIG®) today announces it has sold Central Park Plaza on behalf of TSP Value and Income Fund I, continuing the successful value creation and subsequent monetization of TIG’s initial TSP Value and Income Fund. The 300,000-square-foot office park is located at 2833 – 2841 Junction Ave. and 2860 – 2890 Zanker Road in San Jose, California.
(OCT. 3, 2018 – HOUSTON) – Transwestern Investment Group (TIG®) and its partner Virtus Real Estate Capital (Virtus) today announced the acquisition of a 114,413-square-foot property at 2051 S. Greenhouse Road in West Houston. The new ownership plans to reposition the asset as a medical office building, which will be leased and managed by Transwestern.
(SEPT. 5, 2018 – AUSTIN, TEXAS) – Transwestern Investment Group (TIG®) today announces it has sold Park 96 on behalf of TSP Value and Income Fund I, continuing the successful value creation and subsequent monetization of TIG’s initial TSP Value and Income Fund. The 99,000-square-foot industrial project is located at 9601 Dessau Road in Austin.
(AUG. 9, 2018 – KENNESAW, GA.) – Transwestern Investment Group (TIG®) today announces it has sold TownPark Commons on behalf of one of its managed funds. The 350,012-square-foot office project is at 125 – 500 TownPark Drive in Kennesaw, Georgia.
(MARCH 26, 2018 – DALLAS) – Transwestern Investment Group (TIG®) and S2 Capital LLC today announce the acquisition of Oak Creek Apartments on behalf of one of its managed funds. Located at 1611 Oak Creek Lane in Bedford, Texas, the 464-unit property is one of the largest Class B communities in the “midcities” between Dallas and Fort Worth. Transwestern’s Managing Director Taylor Snoddy and Vice Presidents Philip Wiegand and James Roberts represented the seller in the transaction. This value-add acquisition represents the first multifamily purchase of the fund.
(JAN. 23, 2018 – HOUSTON) – Transwestern Investment Group (TIG®) today announces Blake Williams has joined the firm as Managing Director – Healthcare Properties. In this role, he will lead the efforts of TIG and Transwestern Development Company (TDC®) to acquire and develop healthcare properties across the U.S., with a focus on integrating the firm’s investment and development platforms for comprehensive execution strategies.
(JAN. 18, 2018 – SCOTTSDALE, ARIZ.) – Transwestern Investment Group (TIG®) today announces it has sold Lincoln Towne Centre on behalf of TSP Value and Income Fund I LP. The 226,358-square-foot office complex is at 4150 – 4250 N. Drinkwater Blvd. in Scottsdale, Arizona. Eastdil Secured represented the seller in the transaction.