Off-Market Sale involves Three 100% Leased Assets Backed by Investment-Grade Tenants

CHICAGO and MONTCLAIR, N.J., Sept. 2, 2026 /PRNewswire/ -- LaSalle Investment Management (LaSalle), the global real estate investment manager, and NJ-based Camber Real Estate Partners (Camber) today announced a joint venture partnership to acquire a three-property industrial portfolio totaling over 270,000-square feet on Long Island. The off-market transaction presented a rare opportunity to invest in 100% leased, high-performing infill assets in one of the nation's most-competitive and supply-constrained logistics corridors.

The portfolio is anchored by two investment-grade tenants representing the global logistics and national defense sectors. Financial terms of the transaction and exact property locations remain undisclosed.

"This acquisition fits our strategy of targeting highly infill industrial assets in supply-constrained markets with strong fundamentals," said Jeff Shuster, president of LaSalle Value Partners. "This is a unique opportunity to acquire a high-quality industrial portfolio in Long Island benefiting from high barriers to entry, minimal new supply and proximity to one of the nation's densest consumer populations. We are acquiring the portfolio at an attractive basis below replacement cost with strong investment grade tenancy, and we see meaningful opportunity for value creation as we execute our business plan alongside Camber."

"The portfolio provides a rare balance of credit-backed income stability and long-term asset strength," said Camber's Christopher Bellapianta. "Its functional layout and prime infill locations position the portfolio to perform exceptionally well over time within a highly supply-constrained market."

The assets are strategically positioned across the following two prime infill submarkets:

• JFK Airport Submarket: This nearly 46,000-square-foot facility features 32 loading docks, two drive-in doors, 16-foot clear heights and tremendous parking for the market. Offering loading positions on three sides, it serves as a critical staging facility for inbound air freight and ground distribution across New York City and Long Island.
• South Shore/Suffolk County, NY: Featuring two separate buildings of 100,230 square feet and 124,500 square feet, respectively, the former is equipped with a combination of drive-in and tailgate docks, 20.5-foot clear heights and ample parking. The latter features much of the same, including 28-foot clear heights and generous parking.

Ideally situated in the high-population-density New York metropolitan region, the portfolio offers immediate transportation connectivity via major Long Island Expressways and Southern State Parkway as well as proximity to John F. Kennedy International and LaGuardia airports. The surrounding demographic profile grants direct access to over 11 million people across New York City's five boroughs as well as Long Island – rendering it one of the most-affluent and consumption-heavy trade areas in the United States.

The off-market sale was orchestrated by JLL Capital Markets Investment Sales team led by Managing Director Tyler Peck, and Senior Managing Directors Andrew Scandalios and John Huguenard.

About LaSalle Investment Management | Investing Today. For Tomorrow.
LaSalle Investment Management, a subsidiary of JLL, is a globally integrated, diverse real estate investment manager. On a global basis, LaSalle manages US$86.6 billion of assets in private and public real estate equity and debt investments as of Q1 2026. LaSalle's client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a diverse range of investment vehicles, including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information, please visit www.lasalle.com, and LinkedIn.

About Camber Real Estate Partners
Camber Real Estate Partners is a New Jersey-based investment and development firm focused on repositioning and developing infill light industrial properties exhibiting durable and inelastic demand in high-barrier-to-entry markets. Camber is specifically focused on shallow-bay product with flexible layouts and functional loading across select East Coast markets, where it currently owns and operates a 6 million square foot portfolio. This allows the firm to leverage its fully integrated platform to optimize cash flow and achieve value-add returns. For more information, please visit camberrep.com.

Media Contacts

LaSalle Investment Management
Alissa Schachter
[email protected]
+1-312-339-0625

Shree Dhond/Maya Hanowitz
Dukas Linden Public Relations
[email protected]
(646) 722-6531

Camber Real Estate
CMM Strategic Communications I (973) 513-9580
Carin McDonald [[email protected]] & Kayla Stanley [[email protected]]

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SOURCE LaSalle Investment Management