To meet the surge in demand for last-mile real estate, CrowdStreet is launching an e-commerce property fund. The Portland, Oregon-based crowdfunding platform said the $20 million to $30 million fund will target warehouses, distribution and data centers, and logistics and last-mile properties. It aims to invest in projects with a total capitalization of $400 million. “When the pandemic hit, we watched e-commerce sales spike,” said Ian Formingle, Crowdstreet’s chief investment officer, characterizing logistics-focused real estate
source https://therealdeal.com/2020/11/09/crowdstreet-launches-e-commerce-property-fund/
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