ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have announced the acquisition of five additional properties for their Transportation-Related Industrial Portfolio (TRIP). This nationwide portfolio, which focuses on truck terminals, truck parking, and high flow-through industrial assets, now comprises 22 assets.
New Acquisitions Highlight Strategic Growth
The newly acquired properties include:
- Louisville, Kentucky: A truck terminal with 14 dock doors.
- Eagan, Minnesota: A 3.93-acre truck maintenance facility featuring trailer storage and 7 dock doors.
- Tampa, Florida: A truck terminal with 32 dock doors.
- Miami, Florida: A truck terminal with 30 dock doors.
- Atlanta, Georgia: A truck terminal with 46 dock doors.
“The response to our national outreach for this product type has been robust,” said Jeff Josephs, Managing Partner at BIP. “The portfolio is exceeding expectations,” he added.
Commitment to a Focused Logistics Strategy
Both ABR and Biynah remain committed to expanding their portfolio of transportation-related industrial assets. “We see compelling investment opportunities in this focused logistics strategy,” said Ed Nordberg, Senior Managing Director of ABR. He emphasized the strong partnership with Biynah, adding, “Biynah is one of our preferred operating partners and has been instrumental in our success with this asset class.”
About the Companies
ABR Capital Partners (ABR) is a Baltimore-based real estate investment manager with over 50 years of experience. The firm has managed more than $4.2 billion in assets through over 400 transactions and seven real estate funds. ABR is recognized for its broad market access and strong operator relationships across the United States. For more information, visit abrcapital.com.
Biynah Industrial Partners, LLC (BIP) is a Minneapolis-based private equity firm specializing in industrial real estate investments. Through its investment arm, TRIP OP Co, BIP focuses on acquiring and managing niche transportation-related industrial properties in major U.S. markets. For more information, visit tripisf.com.
This strategic expansion underscores ABR and Biynah’s shared commitment to leveraging opportunities within the transportation and logistics sector.
