Almanac Realty Investors provides $300m capital commitment to Sparrowhawk

Almanac Realty Investors, a business unit of Neuberger, has committed up to $300 million of growth capital to SparrowHawk, a private real estate company founded in 2011 by Alfredo Gutierrez and headquartered in Houston, focused on the acquisition and management of institutional-quality industrial assets located throughout the Midwest.

SparrowHawk currently owns and operates 16 properties, comprised of more than 2.8 million square feet across St. Louis, Kansas City, and Chicago. The new round of growth capital will be used to accelerate SparrowHawk’s proven strategy of acquiring high-quality industrial properties in primary and secondary Midwest markets with proximity to robust transportation infrastructure.

SparrowHawk CEO, Alfredo Gutierrez, said, “At SparrowHawk, we believe true success is built with partners who share your values, your vision, and your drive. Our partnership with Almanac reflects that alignment—uniting not just capital, but character, trust, and shared ambition. Together, we enter this next chapter with sharper focus, deeper capabilities, and a collective commitment to delivering meaningful, long-term value for our investors.”

“SparrowHawk is a well-established, vertically integrated industrial platform with a proven investment and operating track record across Midwest markets. Under the leadership of Alfredo Gutierrez and team, the company is positioned to execute on a compelling opportunity set to acquire logistics assets in the Midwest.” said David Haltiner, Portfolio Manager of the Almanac Realty Securities (“ARS”) Fund Series. “We are pleased to form this long-term partnership and support SparrowHawk’s new phase of growth.”

Ackman-Ziff Real Estate Group LLC was exclusive advisor to SparrowHawk on the transaction and was managed by Adam Steinberg, co-head of equity practice.