Industrial Sector is a New and Booming Opportunity Zone Investment
In the last year or two, opportunity zone investments and qualified opportunity funds have taken the spotlight in terms of capital gains diversion and tax benefits for a variety of investors. With that said, the industrial sector has seen relatively minimal discussion yet dominated in terms of its growth throughout 2022. Ten to fifteen years ago, the industrial sector was widely viewed as a relatively stagnant or unpopular investment strategy for funds; however, this sentiment has significantly shifted in the past couple of years. Peter from GTIS Partners, a New York-based firm with $4.5 billion in assets under management, noted that the industrial sector is one of their largest allocations for opportunistic clients as of late.