Articles from Clarion Partners

Franklin Templeton and its specialist investment manager, Clarion Partners, are today announcing Clarion Partners Real Estate Income Fund Inc.’s (NASDAQ: CPREX) acquisition of Pacific Golden Valley1, a 172,483 square foot Class-A industrial building, 100% leased by DrinkPAK. The property is located in Santa Clarita, CA and joins Clarion’s existing northern Los Angeles County portfolio of 11 fully stabilized buildings totaling approximately 1.7 million square feet.

Franklin Templeton and its specialist investment manager, Clarion Partners, are today announcing Clarion Partners Real Estate Income Fund Inc.’s (NASDAQ: CPREX) entry into the industrial outdoor storage (IOS) subsector via a debt investment in an eight-property multi-city portfolio and the purchase of an IOS property in Houston.

Franklin Templeton and its specialist investment manager, Clarion Partners, are today announcing Clarion Partners Real Estate Income Fund Inc.’s (NASDAQ: CPREX) entry into the senior housing sector through a debt investment in The Pearl at Boulder Creek, a 116-unit, 165,900 square foot property in Boulder, Colorado. CPREX is a closed-end tender offer fund that provides individual investors with access to institutional-quality1 private real estate through stable, well-leased, cash flow-producing properties across the U.S.

Clarion Partners LLC, a leading real estate investment manager, has partnered with Rosen Consulting Group, a respected independent real estate economics consulting firm, to explore the universe of investable commercial real estate (CRE) in the U.S. Unlike other reports that seek to quantify the overall universe of investable CRE, this unique report takes a much more granular approach, further quantifying not only the full range of CRE, but also institutional vs. non-institutional assets and more.

The Clarion Partners Real Estate Income Fund Inc. (“the Fund”), an Investment Company Act of 1940 tender offer fund designed to provide individual investors access to a portfolio of deeply researched, high-quality commercial real estate holdings, has raised its monthly distribution on Class I shares from $0.054 per share to $0.067 per share, which is a 24% increase and now equal to annualized distribution rate of 6.5% as of March 31, 2023.

From installing beehives on rooftops to assessing projected sea level rises as part of its climate and resilience programs, Clarion Partners’ newly released annual report on its environmental, social and governance (ESG) platform details efforts to increase the focus on responsible investing while providing healthy, resilient, equitable and sustainable spaces for its tenants.