With corporate offices in Atlanta, Boston, Dallas, New York, and San Francisco, GID is an experienced real estate private equity investor and manager supported by an integrated operating platform and has 60+ years of experience across multiple asset classes. GID's existing and under-development properties are valued at over $25.8 billion as of December 31, 2021. GID is a privately-held, vertically-integrated real estate company that owns and operates a portfolio of multifamily and industrial assets, and develops mixed-use projects across the United States. To learn more about GID Industrial, visit gid.com/industrial. "We expect that SunPoint Commerce Center will provide much-needed infill opportunities in this area."Ĭonstruction will begin on this summer, with shell completion expected in 2024, and project completion expected by summer 2025.
"With strong leasing fundamentals and record low vacancy, Las Vegas is a natural fit for our growing industrial portfolio," says Michael Wenaas, Chief Investment Officer of GID Industrial. After over a decade, they are presenting a company structured upon the fundamentals of preparation. GID has got a wide experience with international as well as local agencies and contracting companies. Located in Richardson, Texas, GID Industrial was founded by an experienced team of industry veterans who have set out to innovate the process of obsolete product fulfillment. Commerce St., the properties will feature 32' foot clear height, 104 doors and up to eight suites. Global Industrial Development (GID) was established by Eng. Located at the corner of Cheyenne Avenue. The partnership will develop SunPoint Commerce Center, comprising of two light industrial buildings totaling 467,000 square feet. The newly created GID Industrial platform, led by senior managing directors Rene Circ and Mike Wenaas, consists of 2bn (1.7bn) of managed assets spanning 173 buildings and 19m sqft including additional capital for new investments. To learn more about GID Industrial, visit gid.com/industrial.LAS VEGAS , Ap/PRNewswire/ - In a joint venture partnership, GID Industrial and SunCap Property Group announced today that they have acquired 26± acres in the North Las Vegas submarket. Real estate investors Ivanhoé Cambridge and GID have formed a platform to target industrial assets across the US. With close proximity to 1-15 and Craig Road, this transaction expands GID Industrial's presence in the market, complementing the recent acquisition of SunPoint Commerce Center, an active JV development located just four miles away. Nellis Industrial Park features 70 dock doors with 20'-24' clear heights and a wide range of suite sizes. The portfolio is 100 percent leased with 21 tenants occupying 22 suites. Post Road, two functional warehouses located in the. The North Las Vegas Portfolio, known as Nellis Industrial Park, comprises five buildings totaling 433,270 square feet. GID, a vertically-integrated real estate company with corporate offices in Atlanta and Boston, has announced the acquisition of 4027-4075 E. This is GID Industrial's first acquisition in the Baltimore-Washington Corridor, representing significant capital deployment and immediate scale in a highly desirable market. The portfolio is currently occupied by 33 diverse tenants and offers 180 dock doors with 18'-24' clear heights, as well as a wide range of suite sizes. Totaling 959,570 square feet, the I-95 Baltimore-Washington Corridor portfolio comprises nine buildings with locations in Baltimore City and Howard County. With 14 buildings across the portfolio, these acquisitions represent significant growth for the industrial platform and are well-aligned with the firm's strategy to acquire, develop, and manage light industrial assets in high barriers to entry locations with density and high incomes. ATLANTA, J/PRNewswire/ - GID Industrial announced today it has acquired two industrial portfolios located in the I-95 Baltimore-Washington Corridor and North Las Vegas markets, adding 1.39 million square feet to the firm's portfolio.
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