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July 28, 2023

FOUNDERS PROPERTIES COMPLETES THE ACQUISITION OF THREE MIDWESTERN INDUSTRIAL PROPERTIES IN JULY

Founders Properties completed three acquisitions this month, utilizing the firm’s in-depth knowledge of industrial markets and strategic relationships within those markets. “These properties are well-positioned to generate steady cash flow,” said Wade Lau, President and CEO, of Founders Properties.


Russell Industrial Park II is a 100% leased new construction, state-of-the-art logistics facility totaling 251,000 square feet. The asset is located in a key logistical corridor along I-80, with direct access to the Quad Cities Region. 


Mitchell Boulevard is a 100% leased single-tenant industrial property totaling 96,000 square feet. The asset is located in Schaumburg, an infill Chicago industrial submarket, and has great proximity to major highways and the O’Hare International Airport. 


F Street Industrial is a 100% leased multi-tenant industrial property totaling 267,000 square feet. The asset is located on an infill site in the Central Omaha industrial market with great access to transportation arteries and an abundant labor force.


Since its inception, Founders has acquired and managed real estate assets in 41 diverse markets across 30 states.


About Founders Properties


Founders Properties is a privately held real estate investment management company based in Minneapolis, MN. The firm has been investing in private commercial real estate for 25 years on behalf of high net worth and institutional investors. Founders currently manages $1 billion in real estate assets with a focus on industrial properties.

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