INDUS Realty Trust is a privately held logistics real estate business focused on developing, acquiring, managing, and leasing Class A industrial properties in select U.S. markets. Founded in 1997, the company has its roots in a century-long tradition that began with the Cullman family's tobacco operations in Connecticut's River Valley. In 2019, Griffin Industrial Realty converted to a REIT structure and rebranded as INDUS Realty Trust (formerly traded on NASDAQ under ticker symbol INDT). In June 2023, the company was taken private in an all-cash transaction valued at approximately $868 million by affiliates of Centerbridge Partners, GIC, and the Abu Dhabi Investment Authority. Since the acquisition, INDUS has grown its portfolio by more than 113% through both acquisitions and development. The company operates as a fully integrated platform with in-house development, acquisition, leasing, and property management capabilities. INDUS targets mid-sized logistics properties ranging from 100,000 to 600,000 square feet designed for single or multi-tenant use, with a focus on high-growth, supply-constrained markets in the Southeastern United States and other key distribution corridors. As of January 2026, INDUS owns or has majority ownership in 81 properties totaling 15.5 million square feet across markets including Charlotte, Charleston, Lehigh Valley, Atlanta, Savannah, Jacksonville, Phoenix, Nashville, and Central/Southern Florida. The company emphasizes operational efficiency through features such as LED lighting (84% of portfolio), modern building specifications, and strategic locations near major transportation infrastructure.