NEW YORK, Sept. 27, 2023 /PRNewswire/ -- BGO Industrial Real Estate Income Trust, Inc. ("BGO IREIT"), an externally managed, non-traded real estate investment trust focused on investing in primarily stabilized, income-oriented industrial warehouse and logistics properties primarily located in the United States, announced the acquisition of an indirect 34.2% ownership interest in a portfolio of Midwestern industrial assets (the "Seed Portfolio") valued at approximately $948 million (as of March 31, 2023), in exchange for 13 million units of its operating partnership. The purchase price of the Seed Portfolio was approximately $130 million. The acquisition was completed on July 7, 2023.