Fund II
Austin Air Cargo
Austin,
TX
Total Required Equity
$3,056,000
Asset Type
Industrial
Investment Objective
Value Add
Investment Date
May 2014
Realized IRR
36.53%
Realized Net Multiple
2.83x
Investment Summary
Our Austin Air Cargo portfolio was acquired off-market and contained three industrial buildings built in 1999 in Austin, TX, totaling 176,060 square feet. The properties were located at Austin’s Bergstrom International Airport and catered to aviation and cargo users by providing direct tarmac access to the airport runways.