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December 3, 2023
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ETC... ETC... NEWS
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Almanac Realty Investors to Provide up to $300 Mil of Capital to CIP Real Estate

12/16/19

CIP Real Estate has entered into an agreement with a fund managed by Almanac Realty Investors LLC to provide up to $300 mil of growth capital to CIP to accelerate its investment strategy of acquiring value-add multi-tenant industrial properties in the West Coast, Southeast and Southwest markets of the United States. CIPís strategy involves acquisitions, asset management, leasing, repositioning and, in some cases, development.

Based in Irvine, CIP is a vertically integrated real estate company led by Eric Smyth, Robert Strom and Michael McGlone. CIP retained Jones Lang LaSalle Securities LLC as part of a broader strategic objective which resulted in CIPís partnership with Almanac.





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