NEW YORK–(COMMERCIAL THREAD) – Box Equities, a real estate investment group specializing in the consumer goods industrial sector, today announced that it has entered into a joint venture agreement with Artemis Real Estate Partners, a private equity firm based in Washington, DC . Artemis has raised approximately $ 6 billion in capital through core, core plus, value-added and opportunistic strategies. The company makes equity and debt investments in real estate across the United States.

Box Equities also announced the acquisition of a 500,000 square foot warehouse in Kings Mountain, North Carolina, with a single tenant, Hanesbrands. This brings the industrial real estate portfolio of New York-based Box Equities to more than 2.3 million square feet for the past ten months.

The new acquisition exemplifies Box Equities’ approach to real estate, which includes purchasing commercial properties in markets with loyal labor pools. The company also works closely with local economic development authorities to create jobs and generate investment opportunities in markets across the country. With this approach, Box Equities is responding to the acute demand for distribution and distribution centers resulting from the Covid-19 pandemic and the labor shortage exacerbated by the health crisis.

“We greatly value the experience and the deep relationships of the retail team which give the partnership differentiated advantages,” said Mike Vu, director at Artemis. “Box Equities has an innate understanding of the interplay between retailers and logistics, which gives our company unique expertise in identifying new opportunities. ”

The forced shutdowns of manufacturing facilities due to the pandemic, combined with unprecedented demand, have resulted in a major disruption to the global logistics industry. Warehouse space and a reliable workforce have become increasingly valuable as e-commerce continues to soar.

“The current supply chain disruptions that we are seeing will continue for the foreseeable future,” said Haim Dabah, President of Box Equities. “Today’s retailers and manufacturers need a reliable and efficient workforce to get products to consumers. By investing in areas with loyal labor pools, we alleviate many of the problems currently facing the logistics industry. ”

Mac Dabah, Managing Director of Box Equities, added, “We are very excited about our new partnership with Artemis and the wealth of knowledge, relationships and resources they provide. As the supply chain crisis forces retailers and wholesalers to take a fresh look at facilities, locations and workforce availability, we see many new opportunities that will accelerate the growth of this business. joint venture. ”

Marc Belsky of Marc Belsky Ltd., who negotiated the partnership, said: “I am delighted to have arranged this equitable relationship between Artemis and Box. This highly strategic partnership joins the $ 6 billion private equity fund with a team whose relationships extend directly to the C-suite of many Fortune 500 retailers. This partnership will give Artemis and Box the ability to quickly capitalize on market and tenant demand, as well as rental information not available to others.

The four co-founders of Box Equities are retail and real estate veterans Haim Dabah, Mac Dabah, Ori Schwartz and Michael Dabah. Their combined expertise at the intersection of retail, logistics and real estate uniquely positions Box Equities to help retailers unlock cash and improve their balance sheets in a variety of ways, including through rental solutions. creative.

About Box Equities

Box Equities helps retailers streamline their real estate to improve liquidity and profitability. President Haim Dabah, a 40-year-old retail veteran, has extensive experience building and marketing digital native brands. Dabah in 2007 sold Regatta to the then Hong Kong-based global supply chain conglomerate Li & Fung for $ 20 billion. His son, Mac Dabah, Co-Founder and Managing Director of Box Equities, is a seasoned commercial real estate investor with extensive logistics experience. Ori Schwartz, Co-Founder and Director of Acquisitions, is a seasoned real estate investment manager with a deep understanding of the e-commerce landscape. transactions.