AIC Industrial Expands Portfolio with South Carolina Acquisition

Deal News | Dec 13, 2024 | AIC Ventures LP

AIC Ventures LP, operating under its affiliate AIC Industrial, has expanded its presence in the industrial real estate sector with the acquisition of an 85,000 square foot facility located in Columbia, South Carolina. The facility is currently tenanted by a leading entity in print and direct mail advertising. Parallel to this acquisition, AIC Industrial has executed a divestment by selling a 132,000 square foot industrial property in Elkhart, Indiana, to a private real estate investor. This dual transaction strategy highlights AIC Ventures LP's approach of balancing expansion in key markets with the liquidation of certain assets to potentially reinvest in other growth opportunities.

Sectors

Real Estate
Advertising and Marketing

Geography

United States – The transactions involving AIC Industrial took place in the states of South Carolina and Indiana, both within the United States.
South Carolina – AIC Industrial's acquisition of an 85,000 square foot facility occurred in Columbia, South Carolina.
Indiana – AIC Industrial sold a 132,000 square foot industrial property in Elkhart, Indiana.

Industry

Real Estate – The article involves transactions relating to industrial real estate, with acquisitions and divestments of facilities.
Advertising and Marketing – The tenant of the newly acquired facility is a leader in print and direct mail advertising, connecting the article to this industry.

Financials

Participants

Name	Role	Type	Description
AIC Ventures LP	PE Firm	Company	A private equity firm operating AIC Industrial, involved in the acquisition and sale transactions.
AIC Industrial	Buyer and Seller	Company	The affiliate of AIC Ventures LP that executed both the acquisition in Columbia, SC, and the sale in Elkhart, IN.
Private Real Estate Investor	Buyer	Company	The entity that purchased the industrial facility in Elkhart, Indiana from AIC Industrial.