Lift Partners Raises Third Discretionary Fund with $205MM in Commitments

Lift Partners, San Francisco, Seattle, Los Angeles, Lift Real Estate Partners Fund III, Goodwin Proctor
Courtesy of Ethan Dow

San Francisco, CA. (October 5th, 2021) – Lift Partners, a San Francisco-based real estate investment firm, is pleased to announce the closing of its third discretionary fund, Lift Real Estate Partners Fund III, L.P. with $205 million in commitments from endowments and private investors. 

Similar to Fund I and II, which closed in July of 2018 (sold in May 2021) and December 2019 respectively, Fund III will target value add investments of industrial and office properties along the West Coast, utilizing local expertise and extensive relationships to acquire and reposition assets.  Lift Partners has been acquiring and operating assets on the West Coast since 2015.

Goodwin Procter LLP advised Lift Partners on the fundraise.  No placement agent was involved in the fundraise.

About Lift Partners (www.liftrp.com) 

Founded in January 2015, Lift Partners is a full-service real estate investment company focused on the adaptive re-use and repositioning of industrial and office properties along the West Coast.  Lift provides asset management, leasing and construction management services for its investments on behalf of Lift Partners Fund I, a $102M discretionary fund, Lift Partners Fund II, a $152M discretionary fund, Lift Partners Fund III, a $205M discretionay fund and its joint-venture partners.  Since inception, Lift has acquired 42 value add assets, totaling $750M, spread across 4M SF in the Bay Area, Seattle & Southern California. 

West Coast Commercial Real Estate News