GFH Partners Sells 10-Property Outdoor Storage Portfolio, $113M
GFH Partners says it sold 10 industrial outdoor storage assets for $113M, eight in the Chicago submarket. The buyer was not named in its release.
GFH Partners, the Dubai-based real assets manager of GFH Bank, says it has sold a portfolio of 10 industrial outdoor storage properties in the United States for $113 million. The figures come from GFH’s own announcement, published Nov. 4, 2026; no buyer was named.
Why it matters
Industrial outdoor storage, meaning truck and equipment yards and fleet parking, is a niche that investors favor because land near population centers is scarce and hard to zone. A $113 million exit with most of the assets in Chicago shows institutional money still trading the category. GFH calls it its fifth logistics exit in six years.
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The numbers
Per the release, the portfolio is eight properties in the Chicago submarket, one in Lenexa, Kansas, and one in Wilmer, Texas, south of Dallas. Closing was Oct. 22, 2026. The release does not break out price by property or by market, so the Chicago share of the $113 million is unknown. Spread evenly, the price is about $11.3 million per property; that is our arithmetic, not a release figure.
In its telling, rents on renewed leases at the Chicago and Kansas assets rose by double digits while the yards stayed highly occupied. The Texas yard, GFH adds, came in empty and left with a long lease signed by a creditworthy tenant. These performance claims are GFH’s and are unverified by us.
What’s next
GFH says it will keep investing in logistics and outdoor storage through the dedicated funds it has run since 2024. Property addresses and the buyer are the missing pieces; Cook County deed recordings for the eight Chicago-area assets would name both, and we will compare them with the release when they post. More Chicago deal coverage: Chicago.
ON THE RECORD: Price, property count, locations, closing date and performance claims are from the GFH Partners release (via TradeArabia, Nov. 4, 2026). We have not matched the properties to deed records.
Quick answers
- Who bought 10-Property Outdoor Storage Portfolio, $113M in Chicago from GFH Partners?
- GFH Partners says it sold 10 industrial outdoor storage assets for $113M, eight in the Chicago submarket. The buyer was not named in its release.
- What are the key numbers for GFH Partners?
- sale price: $113M; properties: 10; in Chicago: 8.
- Where does the information on GFH Partners come from?
- The story cites GFH Partners release via TradeArabia.
On the record
GFH's release states the sale closed Oct. 22, 2026 and covers 10 properties: eight in the Chicago submarket, one in Lenexa, Kansas and one in Wilmer, Texas, which works to about $11.3M per property on average.
Public record · tradearabia.com
Also reported by
- GFH Partners release via TradeArabiaGFH Partners completes fifth logistics exit with $113m sale