{"id":347093,"date":"2026-06-23T14:45:11","date_gmt":"2026-06-23T14:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/347093\/"},"modified":"2026-06-23T14:45:11","modified_gmt":"2026-06-23T14:45:11","slug":"sagard-real-estate-and-la-caisse-jv-expands-industrial-outdoor-storage-portfolio-with-austin-texas-acquisition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/347093\/","title":{"rendered":"Sagard Real Estate and La Caisse JV Expands Industrial Outdoor Storage Portfolio with Austin, Texas, Acquisition"},"content":{"rendered":"<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;Jun 23, 2026&#8211;<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of Chapman 71, a 13-acre industrial outdoor storage (IOS) property in Austin, Texas. The acquisition expands the IOS joint venture between SRE and global investment group La Caisse (formerly CDPQ), to invest in strategically located assets across major high-growth U.S. logistics and industrial infill markets.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260623531613\/en\/<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u201cAustin continues to benefit from strong population growth, corporate relocations and expanding manufacturing activity, creating sustained demand for industrial outdoor storage facilities,\u201d said Brett Birkeland, Managing Director, Acquisitions at Sagard Real Estate. \u201cChapman 71 is a strategically located, fully leased infill asset with strong connectivity to key transportation infrastructure and major employment centers, making it a valuable addition to our growing IOS portfolio with La Caisse.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Located five miles from Austin-Bergstrom International Airport at the intersection of Highway 71 and Burleson Road, Chapman 71 consists of five buildings totaling approximately 126,027 square feet across 13 acres. The fully leased property serves a diverse tenant base across the construction, transportation, automotive and industrial services sectors.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The acquisition further strengthens the Sagard Real Estate\u2013La Caisse IOS joint venture announced earlier this year, which continues to build a portfolio of high-quality assets supported by strong tenant demand, critical transportation infrastructure and favorable long-term industrial fundamentals.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">About Sagard Real Estate <br \/> Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With US$6.0 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com\/realestate or follow us on LinkedIn.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">About Sagard <br \/> Sagard is a global multi-strategy alternative asset management firm with more than US$46 billion under management, 190 portfolio companies, and 540+ professionals. We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value creation experts. Our dynamic and supportive ecosystem gives our partners the advantage they need to learn, grow and win at every stage. The firm has offices in Canada, the United States, Europe, and the Middle East. For more information, visit www.sagard.com or follow us on LinkedIn.<\/p>\n<p>      <a href=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/7b923713fe1c4f27a85a506bbd0e44bb_Arial_view_rounded_corners_v3.jpg.webp\" class=\"image-lightbox\" data-fancybox=\"gallery-mainpost\" data-caption=\"Sagard Real Estate and La Caisse JV Expands Industrial Outdoor Storage Portfolio with Austin, Texas, Acquisition\"><br \/>\n        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/7b923713fe1c4f27a85a506bbd0e44bb_Arial_view_rounded_corners_v3.jpg.webp\" alt=\"Sagard Real Estate and La Caisse JV Expands Industrial Outdoor Storage Portfolio with Austin, Texas, Acquisition\"\/><\/p>\n<p class=\"caption font-size-scaler-control\" data-font=\"14\">Sagard Real Estate and La Caisse JV Expands Industrial Outdoor Storage Portfolio with Austin, Texas, Acquisition<\/p>\n<p>      <\/a><\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to an already sizable military spending boost sought by President Donald Trump. Defense Secretary Pete Hegseth has been making the rounds on Capitol Hill ahead of a formal request.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Trump will visit a Mack Truck facility in a battleground district in swing state Pennsylvania Tuesday, shifting attention to the U.S. economy in his first major public event beyond the capital since he signed an interim agreement to end the Iran war.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">National Guard members and U.S. Park Police have been patrolling around the Lincoln Memorial Reflecting Pool as the Trump administration faces a self-imposed deadline to fix a botched renovation before the nation\u2019s 250th anniversary celebration.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The Latest:<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Iranian Foreign Minister Abbas Araghchi also joined the delegation in Masoud Pezeshkian\u2019s first visit to Islamabad since the conflict started with the U.S. and Israeli attack on Iran on Feb. 28.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Iran\u2019s talks Tuesday with officials mediating negotiations between Tehran and Washington on a permanent end to the war come as discrepancies emerge on what has been agreed to so far, and as more violence broke out in Lebanon.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Technical teams have been working on details of the deal following high-level negotiations in Switzerland Monday led by Vance and Iran\u2019s parliamentary speaker, Mohammad Bagher Qalibaf.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Iran Foreign Ministry spokesperson Esmail Baghaei told reporters that no visits were scheduled for the U.N. watchdog \u2014 the International Atomic Energy Agency \u2014 to examine Iranian nuclear sites bombed by the United States last year. Vance previously said the negotiations in Switzerland won an agreement for the inspectors to visit the sites.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Following the high-level talks in Switzerland, Vice-President JD Vance had said if Iranian financial assets were unfrozen, they \u201cwould actually go to buy American soy, American corn and American wheat for the benefit of the Iranian people.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">However, Iran has no current demand for U.S. crops, and Foreign Ministry spokesperson Esmail Baghaei said on Tuesday that Tehran\u2019s decisions on what to import would be based on \u201cprices and quality.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u201cIt is interesting that the philosophy and goal of the war, which was the destruction of the Iranian civilization and the collapse of Iran, has become enriching American farmers,\u201d Baghaei said in Tehran.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Iran\u2019s ambassador in Geneva, Ali Bahreini, also questioned Vance\u2019s contention that the U.S. and Qatar would have to approve how Iran uses unfrozen funds. \u201cIran is the only country who decides what to do with those assets,\u201d he told reporters.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Trump has heralded the peace talks with Iran as a win for U.S. farmers, saying that the unfreezing of sanctioned Iranian money will be tied to that country buying American-grown corn, soybeans and wheat.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u201cThese are things that are desperately needed by Iran,\u201d Trump posted on social media. \u201cThis is a humanitarian crisis, and I feel it is necessary to help.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">But Iran is unlikely to start buying a vast amount of U.S. farm products.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u201cI don\u2019t expect that trade would be very large in the short run,\u201d said Joseph Glauber, a research fellow emeritus at the International Food Policy Research Institute.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Glauber noted that Iran was \u201cunlikely\u201d to abandon its other trade partners on food for America. He said Iran\u2019s major suppliers include Brazil, India, Turkey, the European Union, Canada, Australia and Argentina and that Trump\u2019s demand to buy from the U.S. would \u201ccreate some hard feelings with some of our competitors.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Two more people in Missouri and Washington state have been arrested in connection with what authorities say was a planned attack targeting Trump\u2019s UFC cage-fighting show at the White House earlier this month.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Law enforcement officials disrupted the plan a few days before the June 14 White House event, according to court documents.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">William Lee Spartacus Falkner of Belfair, Washington, was arrested Friday and charged with conspiracy to commit murder, according to court documents filed Monday in the Western District of Washington. Jordan W. Rincker, 28, was arrested Sunday and charged with conspiracy to commit murder in the Western District of Missouri. A defense attorney appointed to represent Falkner did not immediately respond to an email requesting comment, and court records do not reveal if Rincker has obtained an attorney. Neither man has had the opportunity to enter a plea.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">A federal judge on Monday ruled that a recently revamped version of a federal tool central to the Trump administration\u2019s efforts to nationalize elections can no longer be used.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">U.S. District Court Judge Sparkle L. Sooknanan sided with advocacy groups that argued the recent upgrades to the program, called Systematic Alien Verification for Entitlements, or SAVE, aggregated Americans\u2019 sensitive personal data in a way that could result in voters being wrongly purged from voter rolls.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">She said Congress had expressly prohibited the government from centralizing Americans\u2019 personal identifying information and that the federal agencies that created the SAVE program \u201cknew that the database violates those statutory protections.\u201d<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The decision is a major legal setback for Trump in his efforts to use federal agencies to encourage a nationwide crackdown on having noncitizens illegally on state voter rolls. The modified SAVE system had been a key pillar of the second election executive order the Republican president signed earlier this year. The ruling leaves its future uncertain.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">National Guard members and U.S. Park Police patrolled the deck around the Lincoln Memorial Reflecting Pool on Monday as President Donald Trump\u2019s administration faces a self-imposed deadline to fix a botched renovation before the nation\u2019s 250th anniversary celebration.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The patrols came two days after Trump said authorities had made \u201cmultiple arrests\u201d of people he insisted were responsible for damage to the peeling coating after an algae bloom occurred. The liner was installed as part of his $14 million-plus project.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The president has confirmed the problems most likely require draining the pool again for liner repairs and he promised a quick fix. Without offering substantiation, he also said vandals dumped fertilizer in the pool and slashed the coating with a box cutter.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">But the timeline was not clear Monday, with the White House saying damaged areas are still being assessed. Contractors and federal workers in recent days have been using chemicals and ozone nanobubbles to combat the algae.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Trump is going to a Mack Truck facility in a battleground district in swing state Pennsylvania Tuesday, shifting attention to the U.S. economy in his first major public event beyond the capital since he signed an interim agreement to end the Iran war.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">Trump\u2019s trip to the Allentown-area business comes as he works to try to put the conflict \u2014 and the higher gasoline prices it caused \u2014 in the rearview mirror as November midterm elections draw closer.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">It\u2019s the president\u2019s fifth second-term visit to Pennsylvania, a key state whose support in 2016 and 2024 helped him to the White House. The Macungie, Pennsylvania, facility is in the 7th Congressional District, where incumbent Republican Rep. Ryan Mackenzie faces Democratic challenger Bob Brooks in November.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The visit comes amid rising prices that could color the verdict voters render on Trump\u2019s stewardship in the fall. About one-third of U.S. adults approved of Trump\u2019s approach to the economy, according to a June Associated Press-NORC Center for Public Affairs Research poll. That\u2019s in line with last month for Trump on the issue.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to what is already a sizable military spending boost being sought by President Donald Trump.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The White House Office of Management and Budget has yet to make a formal request to Congress. But Defense Secretary Pete Hegseth has been making the rounds on Capitol Hill, including Monday evening. A top deputy defense secretary told senators about the Iran funding request last week, according to two people familiar with the situation but not authorized to discuss it publicly.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The Wall Street Journal first reported on the developments.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">The push for billions of dollars in Iran war funding comes at a fraught political moment. Lawmakers are skeptical of the deal Trump struck with Iran to bring an end to the war, and wary of next steps. The White House has requested a remarkable $1.5 trillion for the Pentagon \u2014 a nearly 50% increase over the current fiscal year\u2019s funding levels.<\/p>\n<p style=\"font-weight: 400;\" class=\"font-size-scaler-control\" data-font=\"16\">\u25b6 Read more<\/p>\n<p>      <a href=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Trump_896_8.jpg.webp\" class=\"image-lightbox\" data-fancybox=\"gallery-nextpost\" data-caption=\"President Donald Trump sits in his limousine, known as The Beast, after arriving on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)\"><br \/>\n        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Trump_896_8.jpg.webp\" alt=\"President Donald Trump sits in his limousine, known as The Beast, after arriving on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)\"\/><\/p>\n<p class=\"caption font-size-scaler-control\" data-font=\"14\">President Donald Trump sits in his limousine, known as The Beast, after arriving on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)<\/p>\n<p>      <\/a><\/p>\n<p>      <a href=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Switzerland_Iran_US_Negotiations_72216.jpg.webp\" class=\"image-lightbox\" data-fancybox=\"gallery-nextpost\" data-caption=\"Vice President JD Vance speaks to members of the media after the U.S. and Iran held high-level talks at the B\u00fcrgenstock Resort in Obbuergen, near Lucerne, in Switzerland, Monday, June 22, 2026. (Nathan Howard\/Pool Photo via AP)\"><br \/>\n        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Switzerland_Iran_US_Negotiations_72216.jpg.webp\" alt=\"Vice President JD Vance speaks to members of the media after the U.S. and Iran held high-level talks at the B\u00fcrgenstock Resort in Obbuergen, near Lucerne, in Switzerland, Monday, June 22, 2026. (Nathan Howard\/Pool Photo via AP)\"\/><\/p>\n<p class=\"caption font-size-scaler-control\" data-font=\"14\">Vice President JD Vance speaks to members of the media after the U.S. and Iran held high-level talks at the B\u00fcrgenstock Resort in Obbuergen, near Lucerne, in Switzerland, Monday, June 22, 2026. (Nathan Howard\/Pool Photo via AP)<\/p>\n<p>      <\/a><\/p>\n<p>      <a href=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Trump__2225.jpg.webp\" class=\"image-lightbox\" data-fancybox=\"gallery-nextpost\" data-caption=\"President Donald Trump waves as he arrives on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)\"><br \/>\n        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/c50d1be17ed452eed015d250ae94eb77_Trump__2225.jpg.webp\" alt=\"President Donald Trump waves as he arrives on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)\"\/><\/p>\n<p class=\"caption font-size-scaler-control\" data-font=\"14\">President Donald Trump waves as he arrives on Marine One at Joint Base Andrews, Md., Sunday, June 21, 2026, following a trip to Camp David. (AP Photo\/Mark Schiefelbein)<\/p>\n<p>      <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;Jun 23, 2026&#8211; Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary&hellip;\n","protected":false},"author":2,"featured_media":347094,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[32794,132,134,133,910],"class_list":["post-347093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-ap-news","tag-austin","tag-austin-headlines","tag-austin-news","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/347093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=347093"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/347093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/347094"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=347093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=347093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=347093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}