Crosslakes Industrial Portfolio Acquired by MLG Capital | Real Estate Services M&A Deal

MLG Capital has acquired Crosslakes Industrial Portfolio, a real estate services other business in Michigan, for $X. The Crosslakes Industrial Portfolio acquisition covers five industrial properties across the Grand Rapids MSA, including Grand Rapids, Walker, and Norton Shores, with multi-tenant and single-tenant buildings. MLG Capital acquisitions target functional, institutional-quality assets positioned near Interstate 96, U.S. Route 131, and Gerald R. Ford International Airport to support tenant demand in West Michigan. The recapitalisation acquisition is structured as a private equity acquisition with CORE Pacific Advisors continuing day-to-day operations, supporting long-term leasing and value-enhancement strategy.