Brookfield Puts $1 Billion Into Logistics Real Estate: Is Industrial Getting Too Hot to Handle?
Brookfield Asset Management (NYSE: BAM) is the latest big-name investor to pour money into industrial real estate. The giant alternative asset manager is forming a strategic partnership with Elion Partners focused on logistics real estate. The centerpiece of Brookfield's strategic partnership with Elion is Elion Logistics Park 55, or ELP 55, a master-planned industrial park in Chicago.