To take advantage of current market conditions, Black Creek Industrial REIT IV seeks to acquire generic distribution facilities at attractive pricing to grow cash flows and capture asset appreciation, and add value through superior asset management to capitalize on improving economic conditions.
Black Creek Industrial REIT IV’s strategy is to build a national industrial real estate operating platform, initially overweight in the “top 10” key national distribution markets. Black Creek Industrial REIT IV will also seek to capitalize on opportunities in other “top 25” distribution markets.
At the foundation of the supply chain lies industrial real estate: distribution warehouses that store manufactured goods at various points throughout the logistics process.
Logistics is the business of managing the flow of goods and services throughout the supply chain. Spending on logistics in the U.S. totaled approximately $1.4 trillion in 2015.3 At the foundation of this supply chain lies industrial real estate: distribution warehouses that store manufactured goods at various points throughout the logistics process. Industrial real estate is the largest sector of commercial real estate as measured by square feet.4
1 Property depicted in photograph is owned by IPT which is an investment program sponsored by an entity affiliated with direct and indirect owners of BCI IV’s sponsor. By investing in BCI IV, investors will not have an interest in IPT or in this property.
2 Consists of Inland Empire, Los Angeles and San Diego markets.
3 Source: Federal Highway Administration, March 2017.
4 Source: Supply Chain Digest, June 2016.
5 Source: NCREIF (National Council of Real Estate Investment Fiduciaries). NCREIF data is based on institutional investments and is presented without leverage of fees. Data as of 03/31/17. Institutional investors often invest on substantially different terms and conditions, which may include lower fees, expenses or leverage. Institutional investors are not likely to invest in BCI IV.
6 CoStar Portfolio Strategy, May 2017. Past performance is no guarantee of future results.
7 Source: U.S. Census Bureau, Q3 2016, CBRE Research Q4 2016.