New Stonemont, Cerberus JV Targets Industrial Service Facilities

Industrial developer and investor Stonemont Financial Group has partnered with an affiliate of Cerberus Capital Management to build a large-scale portfolio of logistics and outdoor storage industrial real estate across the US.

The joint venture aims to build a billion-dollar portfolio of industrial service facilities that will act as ‘mission-critical’ freight distribution transfer points for the storage and flow of goods to final destinations.

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