Login

Once Rivals, These Investors Have Teamed Up To Build a $250 Million Portfolio

CapRock Partners, PHP Capital Partners Enter Joint Venture To Buy Texas Value-Add, Light-Industrial Real Estate
John Pharris, left, is president and co-founder of CapRock Partners. Pete Van Amburgh is managing partner and co-founder of PHP Capital Partners. (CapRock Partners, PHP Capital Partners)
John Pharris, left, is president and co-founder of CapRock Partners. Pete Van Amburgh is managing partner and co-founder of PHP Capital Partners. (CapRock Partners, PHP Capital Partners)

A newly formed real estate investment partnership plans to cobble together up to $250 million of value-add, light-industrial real estate in major cities across Texas over the next 18 months, and it's just made its first acquisition: a 1980s-vintage business park in a Dallas suburb.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE