
Portland, ME MAG Capital Partners, LLC acquired a 60,000 s/f lobster processing facility in coastal southern Maine, in a private, off-market sale leaseback transaction.
The Safe Quality Foods (SQF)-registered site expands MAG Capital Partners’ national footprint in the cold storage sector where it continues to seek out single-tenant, triple-net-lease, climate-controlled assets from owners/operators.
Formed in 2015 by Dax Mitchell and Andrew Gi, the Dallas-based firm invests in industrial real estate and small to medium cap operating companies throughout the continental U.S.
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.