LaSalle Investment Management and Camber Real Estate Partners acquire three-property infill industrial portfolio in Long Island
Type: Acquisition · Technology: Industrial · Country: United States · Announced: 2026-09-02
LaSalle Investment Management and New Jersey-based Camber Real Estate Partners formed a joint venture to acquire a three-property industrial portfolio totaling over 270,000 square feet on Long Island. The off-market transaction involved 100% leased, high-performing infill assets in one of the nation's most competitive and supply-constrained logistics corridors. The portfolio is anchored by two investment-grade tenants in the global logistics and national defense sectors, with financial terms undisclosed. The acquisition aligns with LaSalle's strategy of targeting highly infill industrial assets in supply-constrained markets with strong fundamentals. Jeff Shuster, president of LaSalle Value Partners, highlighted the portfolio's high barriers to entry, minimal new supply, and proximity to one of the nation's densest consumer populations as key advantages. Christopher Bellapianta, managing principal at Camber, emphasized the portfolio's balance of credit-backed income stability and long-term asset strength, noting its functional layout and prime infill locations.
Counterparties
- Camber Real Estate Partners (Buyer)
- LaSalle Investment Management (Buyer)
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