Westmount Realty Capital Expands Western U.S. Footprint with Acquisition of Industrial Portfolio in Reno MSA
Westmount Realty Capital, a leading private real estate investment firm specializing in commercial property assets and multifamily properties, has acquired the Lillard Drive Industrial portfolio, a three-building, Class A industrial portfolio totaling 809,138 square feet in Sparks, Nevada, one of the nation’s most active logistics and distribution hubs. The acquisition marks another strategic addition to Westmount’s growing industrial platform across the Western United States.
Westmount Realty Capital Recapitalizes 6.1 Million Square-Foot Industrial Portfolio in Chicago and Milwaukee
Westmount Realty Capital, a privately held, Dallas-based commercial real estate company announced today that it is partnering with a fund managed by the Real Estate Group of Ares Management Corporation, a leading global alternative investment manager, to recapitalize a 51-asset industrial portfolio totaling 6.1 million square feet located in established industrial submarkets of Chicago and Milwaukee. Westmount and Ares acquired the institutional-quality portfolio of logistics, bulk distribution, and last-mile industrial properties from a Partners Group Westmount joint venture.
