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Gid Announces Acquisition Of 104K+ Sq Ft Industrial Park In Los Angeles Suburb

May 04, 2023•over 2 years ago

Acquiring Company

GID

Acquired Company

Industrial Park

BostonBuilding MaintenanceConstructionReal Estate

Description

GID, a real estate owner and fiduciary that invests in multiple asset classes, has announced the acquisition of Pomona Business Center, an industrial building park in the East San Gabriel Valley submarket of Los Angeles. The acquisition adds over 104,000 square feet of industrial space to the firm's industrial platform.

Company Information

Company

GID

Location

Boston, Massachusetts, United States

About

GID is a privately held, vertically integrated real estate company that owns, operates, and/or manages a portfolio of multifamily and industrial assets, and develops mixed-use projects across the United States. The company also operates a credit platform that aims to provide commercial real estate debt solutions for institutional borrowers. With corporate offices in Atlanta, Boston, Dallas, Dubai, New York and San Francisco, GID is an experienced real estate private equity investor and manager supported by an integrated operating platform and has 60+ years of experience across multiple asset classes.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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