9/14/2021 - JLL Capital Markets closes $114 million industrial sale in Indianapolis market

RE Journals

​JLL Capital Markets has closed the $114 million sale of ConAgra Distribution Center, a 1.5 million-square-foot, Class-A bulk regional distribution center triple net leased to ConAgra Brands in the Indianapolis-area community of Frankfort, Indiana. JLL marketed the property on behalf of the seller, Founders Properties, L.L.C.  W. P. Carey purchased the asset.The facility was completed in 2015 a...

6/29/2021 - Founders Properties, L.L.C. Announces Appointment of Ben Yarbrough as Asset Manager

Founders Properties, L.L.C. is eager to announce that Ben Yarbrough recently joined the team as an asset manager. In his new role, Yarbrough will be responsible for managing a diverse commercial real estate portfolio and providing asset management services for private real estate partnerships that include industrial and office properties.“We're thrilled to have Ben join our Founders' team," sai...

6/3/2021 - Founders Properties’ focus on industrial assets yields strong results

Founders Properties, L.L.C. announced the completion of the company's Income Fund III, which strategically acquired approximately $200 million of industrial and office assets around the country. Founded nearly eight years ago, Fund III was the first fund created and completed by the new management team, posting strong returns in the mid-teens for investors throughout its duration.“With Fund III...

5/12/2021 - NAIOP Scholarship Recipient Kelsey Gregory Joins Founders Properties, L.L.C.

​Further showcasing her expertise, Gregory was recently awarded the Prologis Inclusion CRE ScholarshipFounders Properties, L.L.C is eager to announce that Kelsey Gregory has recently joined the team as a senior asset manager. In this new role, Gregory will be responsible for managing a national commercial real estate portfolio and providing asset management services for private real estate par...

3/8/2021 - Founders Properties, L.L.C. Acquires Two Industrial Facilities in Illinois

Founders Properties, L.L.C. announced the purchase of two properties as part of the company's Income Fund V, which focuses on stable, core and core+ industrial and office properties throughout the United States. Both acquired properties are located in Illinois and total $24.25 million and approximately 220,735 square feet. “These properties fit perfectly within our existing portfolio of investm...

3/8/2021 - Founders Properties, L.L.C. Continues Growth of Industrial Portfolio with Recent Acquisition in St. Louis, Missouri

Founders Properties, L.L.C. announced the purchase of an industrial facility located in St. Louis, MO. The acquisition marks Founders Properties' first venture into Missouri, further boosting the geographic diversification of its joint venture fund. “This recent acquisition amplifies our existing portfolio of investments located within key markets," said Chris Courneya, vice president of invest...

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