**CapRock Partners Closes Fourth Value-Add Industrial Fund**
CapRock Partners, a privately-owned investor and developer of industrial real estate across the Western and Central United States, has announced the final closing of CapRock Value-Add Industrial Fund IV, LP. This marks the firm’s eighth fund overall and the fourth installment in its value-add series.
Launched in 2023, Fund IV represents the largest value-add vehicle in CapRock’s history and is the second-largest fund the Newport Beach-based company has raised since its founding in 2009. The fund is structured to acquire, reposition, and develop industrial assets in high-growth logistics hubs. Its investment strategy focuses on identifying underperforming properties that can benefit from capital improvements, operational efficiencies, or strategic leasing initiatives. Additionally, a portion of the fund will be allocated toward new ground-up development.
“Our investment strategy is rooted in identifying opportunities where CapRock’s development and operational expertise can create significant value,” said Jon Pharris, co-founder and president of CapRock Partners. “Fund IV will continue to be thoughtfully deployed in our target markets across the Western U.S. and Texas, where tenant demand for modern, well-located logistics space remains strong.”
Pictured: Kennedy Greens Distribution Center in Houston.
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