Acquiring Company
Stonemont
Acquired Company
Industrial Property in Washington D.C
Description
Stonemont has successfully acquired a 38-building portfolio of industrial assets for approximately $1 billion. The transaction was completed in partnership with their long-term capital partner, PCCP. The new portfolio is currently 95% leased, showcasing a strong demand for industrial spaces. This acquisition aligns with Stonemont's focus on high-growth investments.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Industrial Property in Washington D.C?
Industrial Property in Washington D.C was acquired by Stonemont, based in Atlanta. The deal was reported on July 29, 2026. Stonemont is a private real estate investment firm. They focus on developing, acquiring, and managing assets in high-growth markets. Stonemont is privately held and operates in Real Estate.
When did Stonemont acquire Industrial Property in Washington D.C?
Stonemont's acquisition of Industrial Property in Washington D.C was reported on July 29, 2026. Stonemont has successfully acquired a 38-building portfolio of industrial assets for approximately $1 billion. The transaction was completed in partnership with their long-term capital partner, PCCP. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Industrial Property in Washington D.C do?
The acquired industrial property is located in Washington, D.C. It is publicly traded (TRNO), operating in Real Estate, and is based in Bellevue.