Box Equities completed the acquisition of Home Depot and Pepsi distribution centers.

Box Equities, a real estate investment group, completed the acquisition of Home Depot and Pepsi distribution centers, a 900k-square-foot Home Depot-anchored distribution center in Missouri and a 150k-square-foot Pepsi distribution center in Ohio. Financial terms were not disclosed. “Our team, relationships and experience uniquely position us to deliver on retailers’ needs to maximize their bottom line while providing investors, specifically on the private equity side, with a new investment vehicle in the retail space. The changes in the logistics industry are profound, as underscored by CBRE’s recent report stating that for each $1bn in e-commerce sales, an additional 1.25m square feet of distribution space is needed to support this growth,” Haim Dabah, Box Equities Chairman and Founder.