Berkeley Partners, a private equity real estate investment manager with a concentrated focus on light industrial assets, has proudly announced the successful final closing of the Berkeley Partners Value Industrial Fund VI. This fund has secured a total of $610.5 million in equity commitments, including associated sidecar capital, which exceeds its original fundraising target of $500 million.
Fund VI operates as a closed-end, commingled, value-add investment vehicle, specifically designed to identify and invest in infill light industrial properties located in carefully selected U.S. markets.
As the latest iteration in Berkeley’s series of commingled value-add funds, Fund VI represents a strategic continuation of the firm’s long-established investment approach. It targets markets that are both supply-constrained and demand-driven—areas where the need for smaller-bay infill industrial facilities is paramount for tenants and critical to the functioning of local economies.
As of now, Fund VI has already called over 30% of its committed capital, with the investment team having made substantial progress by assembling a diverse portfolio of seed assets during the fundraising process. This proactive approach allows the Fund to capitalize on immediate market opportunities while laying the groundwork for future growth.
Fund VI builds on Berkeley Partners’ nearly 20 years of experience and expertise in the U.S. light industrial sector.
KEY QUOTES:
“We are grateful to our limited partners for their conviction and trust in Berkeley Partners. Their support reflects the confidence we’ve earned through our disciplined investment thesis, our track record in the light industrial sector, and the long-term relationships we have built with our investors.”
Aaron Snegg, Founding Partner of Berkeley Partners
