Capital Realty & Development LLC retained Flint Creek Partners LLC to identify an institutional partner for a $75 million equity investment. The solicited funds will be used in conjunction with the companys initial outlay of $5 million to fund more than $267 million in investment activity. With a number of opportunities already identified, the proposed joint venture will focus on mid-sized industrial developments (50,000 to 500,000 square feet), re-developments and acquisitions in the Greater Chicago market.
 
Capital Realty, a privately held real estate company founded in 2002, owns a 20-property portfolio consisting of 1 million square feet that it may consider contributing to the enterprise. It has also identified potential industrial investments with a pipeline of approximately 1.2 million square feet.
 
Chicago-based Flint Creek Partners provides financial advisory, venture capital and investment banking services to real estate firms and their investors. Its principals have more than 25 years of direct and institutional real estate and investment banking experience, and have raised more than $6 billion for their clients. For info, visit www.flintcreekpartners.com.