German real estate company GARBE makes US debut, partners with Boston’s Berkeley Investments

by Elizabeth Kanzeg Rowland

Berkeley Founder and President Young Park. (Photo courtesy of Berkeley Investments)

Berkeley Investments, a Boston-based real estate and development firm, partnered with GARBE, a German real estate company in a new joint venture, Berkeley Garbe LLC.

The partnership will seek to develop multifamily, industrial and infrastructure properties in the United States.

Berkeley Founder and President Young Park will lead Berkeley Garbe. GARBE’s 600 employees work out of 21 offices across Europe, Singapore and Dubai.

“Through this joint venture, Berkeley has established a long-term partnership with a global institutional platform that will strengthen its entrepreneurial initiatives while preserving the privately owned, team-oriented culture that has defined Berkeley for years,” Park said in a press release.

“Expanding into the United States through this joint venture with Berkeley Investments is a landmark step in GARBE’s evolution as a global real estate platform,” said GARBE managing partner Christopher Garbe. “Berkeley’s entrepreneurial culture, vertically integrated capabilities and deep expertise in life sciences, urban residential and mixed-use development are a natural complement to our strengths across the beds, sheds and infrastructure verticals. This partnership brings together two firms that share a conviction-driven, design-forward approach to real estate — and a mutual shareholder history that underpins the trust and alignment at the heart of this venture.”

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