09/15/2025
Astor Delivers 60% Net Investor Returns with Record $23.2M Exit in Cold Storage
A 105,000 SF state-of-the-art cold storage facility, acquired by Astor in 2022, was repositioned with modern freezer systems, upgraded fire suppression, and new roofing. The property was fully leased on a long-term NNN basis to a publicly traded company in the food logistics sector.
The exit was arranged through an off-market sale to a Fortune 500 firm at a record $23.2M valuation, which intends to hold the asset long-term and benefit from steady rental growth in a 0% vacancy market.
Astor exceeded projected returns, delivering a net multiple of 1.55x and 60% net returns to investors within a 36-month hold.
With over 4.7 million SF of projects across 12 major U.S. markets and $3.07B in assets under management, Astor has built a proven track record of delivering above-market, risk-adjusted returns.
You work hard for your money—now it’s time to let your money work just as hard for you. Contact us today for a private conversation and join our growing network of private and institutional partners building diversified, balanced real estate portfolios.
