Paragon forms fully committed $200 million real estate development and acquisition fund for net lease properties nationwide
Paragon Real Estate formed a fully committed $200 million real estate development and acquisition fund to expand Paragon’s net lease portfolio in the U.S. retail, industrial and healthcare real estate markets. Paragon Real Estate is leveraging its experience and relationships with retailers, brokers, property owners, senior housing operators and healthcare companies to offer new facility development with long term triple net leases. Paragon will oversee site acquisitions, development and construction to the client’s specifications. The Fund has also allocated capital for the purchase of pre-distressed, distressed and bank foreclosed assets.
“The Fund’s commitment will allow us to continually grow to meet current and future tenants’ development needs,” said Tom Williams, Paragon’s Managing Partner, in a statement.The introduction of Paragon’s Net Lease Fund will have the capacity to develop and acquire approximately $800 million in retail, industrial and healthcare real estate.
Paragon Real Estate is an experienced commercial real estate firm that actively develops, acquires and manages retail, industrial and healthcare properties nationwide. For more information regarding Paragon’s Net Lease Fund, please contact Tom Williams at (630) 368-1099 or email at email@example.com.