Rockpoint Expands Portfolio with Acquisition of Eastport Industrial Park in Richmond

November 4, 2025 - 06:30

BOSTON– Rockpoint, a real estate private equity firm based in Boston, has successfully acquired the Eastport Industrial Park, a significant industrial portfolio located in Richmond, Virginia. This impressive acquisition includes eight buildings with a total space of 1,068,995 square feet, strategically positioned in a shallow-bay infill area.

The Eastport Industrial Park is expected to enhance Rockpoint's existing portfolio and bolster its presence in the industrial sector. The Richmond area has seen a growing demand for industrial space, driven by e-commerce and logistics companies seeking efficient distribution centers. Rockpoint's investment aligns with current market trends, aiming to capitalize on the increasing need for modern industrial facilities.

With this acquisition, Rockpoint is poised to leverage its expertise in property management and development, ensuring that the Eastport Industrial Park meets the evolving needs of tenants. The firm’s strategic vision for the property is anticipated to contribute positively to the local economy while providing essential industrial solutions.