ABR Capital Partners and Biynah Acquire Additional Assets for TRIP Portfolio

ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have recently acquired three additional properties for their Transportation-Related Industrial Portfolio (“TRIP”).

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Giovedì, Agosto 3, 2023
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Tags: 
Other Transport, Commercial Building & Real Estate, Trucking, Construction & Property, Finance, Transport, REIT, Professional Services, Logistics, Supply Chain Management, TRIP, BIP, ABR, Maintenance, CIO, Growth, CrossHarbor Capital Partners, Acquisition, Senior, Investment, Bank, Financial services
Geotags: 
MARYLAND, ARIZONA, TEXAS, TENNESSEE, MINNESOTA, UNITED STATES, NORTH AMERICA
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Key Points: 
  • ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have recently acquired three additional properties for their Transportation-Related Industrial Portfolio (“TRIP”).
  • TRIP is a nationwide portfolio of truck terminals, truck parking, and high flow-through industrial assets that now includes 17 assets.
  • Since the inception of the firm, ABR has acquired over $4.5 billion of assets, representing over 400 transactions, and six firm-sponsored real estate funds.
  • Biynah Industrial Partners, LLC (BIP) is a Minneapolis-based private equity firm that makes direct investments in industrial real estate located throughout the United States.


ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have recently acquired three additional properties for their Transportation-Related Industrial Portfolio (“TRIP”). TRIP is a nationwide portfolio of truck terminals, truck parking, and high flow-through industrial assets that now includes 17 assets.

The latest additions to TRIP include a truck terminal in Dallas, Texas (107 dock doors), a 5-acre truck trailer storage yard in Nashville, Tennessee (101 truck drops), and a two-building truck terminal with maintenance facility in Phoenix, Arizona (43 dock doors).

Additional acquisition opportunities are actively being pursued by the joint venture. “We continue to engage with sellers of this product type throughout the country and are focused on the continued growth of the TRIP portfolio,” said Jeff Josephs, Managing Partner at BIP.

“Jeff and his team have done a great job assembling a healthy portfolio and given the strong pipeline we anticipate the momentum will continue,” said Tom Burton, Senior Managing Director and CIO of ABR.

ABR Capital Partners (ABR) is a Baltimore-based real estate investment manager with a proven fifty-year track record, unconstrained access to the broadest opportunities in the middle market, and deep, 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, and takes a focused yet flexible approach regarding market, property type, and capital structure, with a goal of maximizing risk-adjusted returns at the asset and portfolio level. Since the inception of the firm, ABR has acquired over $4.5 billion of assets, representing over 400 transactions, and six firm-sponsored real estate funds. For more information visit abrcapital.com.

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

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