GreenPoint Partners Launches $500M Industrial Outdoor Storage Platform

GreenPoint Partners, an alternatives firm investing at the intersection of real assets, technology and sustainability, has made a strategic investment in Semi-Stow, an Austin, TX-based semi-truck parking and trailer storage operator. Simultaneously, Manhattan-based GreenPoint has launched a dedicated $500-million truck and trailer industrial outdoor storage platform. Financial terms weren’t disclosed.  The platform has already closed on its first ... The post GreenPoint Partners Launches $500M Industrial Outdoor Storage Platform appeared first on Connect CRE.

GreenPoint Partners Launches $500M Industrial Outdoor Storage Platform

GreenPoint Partners, an alternatives firm investing at the intersection of real assets, technology and sustainability, has made a strategic investment in Semi-Stow, an Austin, TX-based semi-truck parking and trailer storage operator. Simultaneously, Manhattan-based GreenPoint has launched a dedicated $500-million truck and trailer industrial outdoor storage platform. Financial terms weren’t disclosed. 

The platform has already closed on its first two acquisitions, which provide collective storage capacity for more than 1,000 semi-trucks and trailers in the Houston and Dallas-Fort Worth markets, respectively. Led by managing partners Trent Cameron and Dennis Nabors, Semi-Stow currently manages 30 sites comprising more than 5,500 truck and trailer spaces nationwide. 

“We see a tremendous opportunity to partner with Trent, Dennis and the entire Semi-Stow team to build a national portfolio of assets where new technologies can have an instant and significant impact in improving operations and the customer experience,” said Chris Green, founder and CEO of GreenPoint. 

The post GreenPoint Partners Launches $500M Industrial Outdoor Storage Platform appeared first on Connect CRE.

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