Deal Details
WorkHub Partners With Davidson Kempner on Strategic Investment
Summary
WorkHub Developments, LLC (“WorkHub” or the “Company”) has partnered with Davidson Kempner Capital Management LP (“Davidson Kempner”) on a strategic investment. As a fully-integrated real estate development company focused on small-bay industrial properties, this strategic investment will position WorkHub to continue capitalizing on increased demand in the flexible light industrial sector while simultaneously expanding into attractive new markets and opportunities. It will also help strengthen WorkHub's foothold in its home market of Houston, where it has a strong track record of seven successfully developed projects since 2015.
Baird served as exclusive financial advisor to WorkHub on this transaction.
About
WorkHub is a leading provider of flexible small-bay industrial space solutions designed to meet the ever-changing needs of modern businesses. With a strong emphasis on fostering collaboration and growth, WorkHub offers a wide variety of spaces tailored to support businesses at every stage of their development. The Company’s properties are strategically located in high-demand areas, offering convenient access, state-of-the-art facilities and a community-driven environment that helps its members grow to the next level. WorkHub is headquartered in Magnolia, Texas.Davidson Kempner is a global investment management firm with over 40 years of experience and a focus on fundamental investing with a multi-strategy approach. Davidson Kempner has more than $37 billion in assets under management and over 500 employees across seven offices: New York, Philadelphia, London, Dublin, Hong Kong, Shenzhen and Mumbai. Davidson Kempner is headquartered in New York, New York.
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- Date
- September 2024
- Company
- WorkHub Developments, LLC
- Transaction
- Private Capital Markets
- Sectors
- Real Estate
- Verticals
-
Real Estate
- Target Geography
- North America
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