LaSalle Investment Management and Camber Real Estate Acquire Three-Property Infill Industrial Portfolio in New York Metro
LaSalle Investment Management, a subsidiary of JLL, has partnered with NJ-based Camber Real Estate Partners to acquire an off-market three-property industrial portfolio on Long Island. The total space amounts to over 270,000 square feet and is fully leased by investment-grade tenants in the logistics and national defense sectors. The acquisition aligns with LaSalle's strategy of targeting high-quality infill assets in supply-constrained markets like New York Metro, where new development is limited. The portfolio includes strategically located properties near major transportation hubs such as JFK Airport and Long Island Expressways, offering access to a large consumer base across the region. The deal was facilitated by JLL Capital Markets' investment sales team led by Tyler Peck. While financial terms remain undisclosed, both LaSalle's Jeff Shuster and Camber’s Christopher Bellapianta emphasized the portfolio's strong income stability, long-term asset strength, and potential for value creation.
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