Finance Net Leasing
Equity International Brazilian Logistics Investment
Aug 20, 2008

Equity International, the privately-held investment company focused on real estate-related businesses operating outside of the United States, has announced the closing of a $100 million commitment in AGV Logística, a privately-held logistics company based in Sao Paulo, Brazil. With this investment, Equity International now has four portfolio companies in Brazil. Founded in 1999, AGV develops and executes integrated logistics solutions. The firm operates 30 facilities in 11 states across Brazil. Most notably, in December 2007, AGV opened the largest and most modern warehouse in Latin America, located in Vinhedo, Sao Paulo, a built-to-suit facility that includes multiple storage zones and office space that houses AGV’s headquarters. This property is owned by BRACOR, a privately-held corporate real estate company, also affiliated with Equity International.

 
Recent Net Leasing Headlines
Ben Butcher STAG Capital Kicks Off Industrial Fund with Anticipated $1.3B Buying Power
Boston-based STAG Capital Partners has initiated STAG Investments V L.P., a fund targeting commitments of $400 million for the acquisition of predominantly high-yield single-tenant industrial properties across the country.
CBRE Promotes 4 to SVP
CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president.  They were previously first vice presidents.
ProLogis Leases 750,000 SF near Chicago
ProLogis has leased approximately 750,500 square feet near Chicago to Kimberly-Clark Corp., a leading global, health and hygiene company.
ProLogis Secures $80M Financing for North American Industrial Fund
Denver-based ProLogis has closed the deal for an $80 million financial arrangement on behalf of the firm's ProLogis North America Industrial Fund.
Bill Winn: Times Are Tough, Not Impossible
CPN Contributing Editor Dees Stribling caught up with William Winn— president-elect of the Tenant-In-Common Association and president & partner in Passco Cos., a specialist in commercial real estate acquisition and management that in recent years has also developed a thriving subspecialty in sponsoring TIC deals. Like pretty much every corner of the real estate industry, TICs have seen better days, but Winn holds out long-term hope.