Sagard Real Estate and La Caisse Acquire Chapman 71, a 13-Acre IOS Asset in Austin

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Aerial image used by Sagard Real Estate showing the Chapman 71 industrial outdoor storage campus in Austin, Texas, illustrating the 13-acre asset Sagard and La Caisse added to their IOS joint venture.
Aerial image used by Sagard Real Estate showing the Chapman 71 industrial outdoor storage campus in Austin, Texas, illustrating the 13-acre asset Sagard and La Caisse added to their IOS joint venture.| Photo: Sagard

AUSTIN, Texas — Sagard Real Estate and La Caisse have acquired Chapman 71, a fully leased, 13-acre industrial outdoor storage (IOS) property in Austin, Texas, the firms announced July 9, 2026. The transaction expands the IOS joint venture the two firms established earlier in 2026 to build a portfolio of strategically located assets across major U.S. logistics and industrial infill markets.

Property Details: Chapman 71

Chapman 71 consists of five buildings totaling approximately 126,027 square feet situated on 13 acres at the intersection of Highway 71 and Burleson Road in Austin. The property sits roughly five miles from Austin-Bergstrom International Airport. The asset is 100% leased and serves a diverse tenant base spanning the construction, transportation, automotive, and industrial services sectors.

Expanding the Sagard Real Estate–La Caisse IOS Joint Venture

The acquisition marks a continuation of the programmatic IOS investment strategy Sagard Real Estate and La Caisse announced earlier in 2026. The joint venture is structured to target high-quality IOS assets supported by strong tenant demand, critical transportation infrastructure, and long-term industrial fundamentals across high-growth U.S. markets.

"Austin continues to benefit from strong population growth, corporate relocations and expanding manufacturing activity, creating sustained demand for industrial outdoor storage facilities," said Brett Birkeland, Managing Director, Acquisitions at Sagard Real Estate. "Chapman 71 is a strategically located, fully leased infill asset with strong connectivity to key transportation infrastructure and major employment centers, making it a valuable addition to our growing IOS portfolio with La Caisse."

Sagard Real Estate manages approximately $6.0 billion in assets under management and operates across portfolio management, acquisitions, asset management, development, and property management. The firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and the San Francisco metro area. Sagard Real Estate is a subsidiary of Sagard, a global multi-strategy alternative asset management firm with more than $46 billion in assets under management across venture capital, private equity, private credit, and real estate.

La Caisse, formerly known as CDPQ, is a global investment group. Financial terms of the Chapman 71 acquisition were not disclosed.

About the Firms

Sagard Real Estate, founded in 1997 and headquartered in Denver, provides investment management services throughout the U.S. and offers commercial real estate investment strategies through separate accounts and commingled funds. The firm is part of Sagard, which has offices in Canada, the United States, Europe, Asia, and the Middle East.

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