Crossbay
Warehousing/Logistics - N/A, N/A, us
Crossbay Details
Launched by MARK in May 2020, Crossbay is a new pan-European last-mile logistics platform and the first to be specifically targeting single tenant distribution centres near 'gateway cities' across Europe. The platform will allow institutional investors such as pension funds and insurance companies to gain exposure to a rapidly growing sub-sector that is supported by long-term growth drivers and structural shifts in the economy.Existing tenants include a mix of 3PLs such as FedEx and DHL as well as e-commerce brands like Amazon. Occupiers will benefit from MARK's global network of business partners, which includes many leading retailers, as well as the firm's deep asset management expertise and specialist micro-market knowledge from MARK's local teams.Crossbay has its own corporate structure and is led by Marco Riva, who oversaw over €2bn of deals while at Logicor, Blackstone's 'big box' warehousing business.
Crossbay Technologies
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