Starwood Real Estate Income Trust (SREIT), a non-traded REIT managed by Starwood Capital Group, acquired Midwest Industrial Portfolio, which is comprised of 33 properties across the region.
The portfolio is comprised of 4.1 million square feet of Class A real estate in Chicago, Indianapolis, Columbus and Milwaukee. The portfolio properties are 98% leased to 50 tenants and has high average occupancy of 95% over the last 10 years.
As of November 30, the SREIT portfolio has an estimated total asset value of $1.98 billion across 70 properties.
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