Portal Warehousing and GCM Grosvenor Form Long-Term Strategic Partnership to Launch Micro-Bay Industrial Property Venture
Portal Warehousing (Portal), a leading, vertically integrated micro-bay industrial platform, together with GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider with $91 billion of assets under management, has established a long term strategic partnership to acquire value-add industrial properties and provide flexible, small-scale industrial space to a structurally undersupplied segment of the market. The partnership marks the next phase of Portal’s growth, providing institutional backing to scale nationwide. As part of the partnership, GCM Grosvenor will join Portal’s Board of Directors.
