Cobalt Capital Partners Expands Atlanta Industrial Portfolio.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- Cobalt Capital Partners, L.P., together with USAA USAA United Services Automobile Association USAA Urban Superintendents Association of America USAA United States Achievement Academy USAA United States Arbitration Act of 1925 USAA United States Axemen's Association USAA United States Air-Table-Hockey Association Real Estate Company, has acquired a 58,600-square-foot light industrial property in Atlanta, Georgia. The 100% leased building is located in Gwinnett County. With this acquisition, Cobalt's Atlanta portfolio totals approximately 400,000 square feet. Cobalt Capital Partners, a Dallas-based private equity firm invests in light industrial property in major metropolitan markets throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . USAA Real Estate Company has approximately $3.0 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and provides acquisition, build-to-suit and development services for corporate and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . The USAA portfolio consists of office, industrial and hotel properties as well as investments in real estate operating companies. For information on Cobalt Capital Partners or to submit an investment for review, please visit our website www.cobaltcapitalpartners.com or contact: Lewis D. Friedland, Managing Partner Cobalt Capital Partners, L.P. 5605 N. MacArthur Blvd., Suite 350, Irving, TX 75038 Tel: (972) 893-7000 Facsimile: (972) 893-7001 E-mail: lew.friedland@cobaltcapitalpartners.com |
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