TPG AG Real Estate buys USD 628 million industrial portfolio with Redfearn Capital-led partners

TPG Inc.’s TPG AG U.S. Real Estate platform acquired a 53-building U.S. industrial portfolio for USD 628 million.

• The portfolio totals 5.4 million square feet across seven states, concentrated in the Southeast.
• The assets were 87% occupied at closing.
• The properties span distribution, logistics, and manufacturing facilities.
• Redfearn Capital sourced and led the deal; Redfearn, Atlanta Property Group, and Matterhorn Venture Partners will co-manage operations.