JOINT VENTURE

Mach I is a Core-Plus joint venture between Newport Capital Partners, New York State Common Retirement Fund and Artemis Real Estate Partners, formed in 2014.  Mach I targets Core-Plus grocery anchored retail properties located in Chicago and Minneapolis.

Newport is seeking Core-Plus grocery anchored centers on behalf of Mach I.  Inception to date Mach I has generated a distributable cash yield of 12.2%

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