Alturas Capital Partners Acquires Caldwell Ind. Property
Caldwell, Idaho -- Alturas Capital Partners has added another industrial property to the Alturas Real Estate Fund portfolio. Located at 5617 E. Cleveland Blvd. in Caldwell, Idaho, this property is the eighth industrial property acquired and the 34th property currently owned by the Alturas Real Estate Fund.
The property consists of four existing buildings totaling 21,000 square feet and an additional 15 acres that is planned for an additional 200,000 square feet of industrial development.
We are looking forward to working with the existing tenant to optimize the existing place for their needs while at the same time creating more high quality new industrial space in the very strong Caldwell market.
Michael Bergmann of Lee and Associates represent Alturas in the transaction and will be leading the leasing efforts going forward.
Jo Ann Lowe or Idaho Farm and Realty represented the seller.
About Alturas Capital Partners
About Alturas Capital Partners Alturas Capital Partners is a real estate investment and operating company based in Boise, Idaho. The company owns and operates commercial real estate throughout the Western United States, with an emphasis on the Intermountain West and Inland Northwest. Built on long-term partnerships with investors, brokers, and tenants, Alturas Capital’s mission is to create and unlock value in the communities it serves. Founded in 2015, Alturas Capital Partners has grown its portfolio significantly, managing a diverse array of assets and continually seeking new acquisition opportunities in growth markets. For more information about Alturas Capital Partners and its portfolio, please visit alturascapitalpartners.com