Investment Vehicles
Initially, Albany Road acquired real estate using a syndication structure, capitalizing each investment (debt and equity) on a one-off basis. We pivoted to a fund model beginning in 2015, as described further below:
FUND I
Final Closing
February 2015
Size
$25MM
Fund Status
Closed and realized
The investments in Fund I were sold as part of a larger nine-property self-storage portfolio in April 2016, and Fund I was subsequently dissolved.
Focus
A fully discretionary self-storage fund, aimed at acquiring smaller, one-off self-storage investments in the Northeast, prior to selling an aggregated larger portfolio at a premium.
FUND II
Final Closing
April 2018
Size
$175MM
Fund Status
Closed and active
Fund II was fully deployed in April 2020 and consisted of seventeen investments, four of which provided co-investment opportunities for our investors. Twelve of these seventeen investments have been realized.
Focus
A fully discretionary industrial and office fund, diversified by geography, product type, and tenant profile across the Northeast, Southeast, and Southwest.
FUND III
Final Closing
January 2021
Size
$245MM
Fund Status
Closed and active
Fund III was fully deployed in September 2023 and consisted of twenty-six investments, two of which provided co-investment opportunities for our investors. Four of these twenty-six investments have been realized.
Focus
A fully discretionary industrial and office fund, diversified by geography, product type, and tenant profile across the Northeast, Southeast, and Southwest.
Strategic Opportunity Fund (FUND IV)
Final Closing
October 2024
Size
$145MM
Fund Status
Closed and active
The Strategic Opportunity Fund has current commitments of $145MM and has made fourteen investments to date.
Focus
A fully discretionary industrial (including industrial outdoor storage), office, and athletic facilities fund diversified by geography, product type, and tenant profile across the Northeast Southeast, Southwest, and Mountain States.
Industrial Outdoor Storage (FUND V)
Final Closing
December 2025
Size
$125MM
Fund Status
Closed and active
The Industrial Outdoor Storage (“IOS“) Fund has current commitments of $125MM and was seeded with 12 investments.
Focus
A fully discretionary IOS Fund diversified by geography with primary investments in the Southeast, Southwest, Mountainwest, and Northeast.