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FD Stonewater Acquires New Asset for STAR Evergreen Fund

Summary by Benzinga

ARLINGTON, Va., Oct. 1, 2025 /PRNewswire/ -- FD Stonewater's STAR Evergreen Fund, L.P. (the "STAR Fund") announced the acquisition of Alside Manufacturing and Distribution Center ("Alside"), a 326,474 square foot industrial facility leased to Associated Materials in Yuma, AZ. The Alside property was acquired through the STAR Fund's UPREIT structure, providing original investors the opportunity to receive OP Units allowing for a tax deferred tran…

1 Articles

1 Articles

FD Stonewater Acquires New Asset for STAR Evergreen Fund

ARLINGTON, Va., Oct. 1, 2025 /PRNewswire/ -- FD Stonewater's STAR Evergreen Fund, L.P. (the "STAR Fund") announced the acquisition of Alside Manufacturing and Distribution Center ("Alside"), a 326,474 square foot industrial facility leased to Associated Materials in Yuma, AZ. The Alside property was acquired through the STAR Fund's UPREIT structure, providing original investors the opportunity to receive OP Units allowing for a tax deferred tran…

13 hours ago·New York, United States

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Benzinga broke the news in New York, United States 13 hours ago on Wednesday, October 1, 2025.

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