Sagard Real Estate and La Caisse Expand Industrial Outdoor Storage Portfolio with Greater Boston Acquisition

BOSTON--(BUSINESS WIRE)--Sagard Real Estate (SRE), a U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of 3 Wheeling Avenue, a fully leased low coverage industrial property in Woburn, Massachusetts. The acquisition further expands the industrial outdoor storage (IOS) joint venture between SRE and global investment group La Caisse (formerly CDPQ), which focuses on strategically located IOS assets across major U.S. infill markets.

Located in one of Greater Boston’s most established industrial areas, the property benefits from limited land availability, zoning constraints and strong regional connectivity near the intersection of Interstates 95 and 93. Built in 1984, the 57,600-square-foot property sits on 6.2 acres and includes additional yard space. It is fully leased to a national building materials distributor for warehousing, distribution and operations.

“We believe Woburn’s limited land availability and restrictive zoning make low coverage warehouses with zoning for outdoor storage especially valuable and difficult to replicate,” said Belah Terentjev, Director, Acquisitions at Sagard Real Estate. “3 Wheeling Avenue combines warehouse functionality with significant outdoor storage capacity and access to major transportation corridors. These characteristics align well with our joint venture strategy focused on established infill industrial markets.”

The acquisition further strengthens the Sagard Real Estate–La Caisse IOS joint venture's portfolio and reflects the partnership's focus on acquiring functional properties in supply-constrained markets with access to established transportation infrastructure.

About Sagard Real Estate

Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With $6.3B in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.

About Sagard

Sagard is a global multi-strategy alternative asset management firm with ~$48B in assets under management.* We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value creation experts. The firm has offices in Canada, the United States, Europe, Asia and the Middle East. For more information, visit sagard.com.

*AUM as at September 30, 2026.