Press Release

Almanac Realty Investors Provides $300 Million Capital Commitment To SparrowHawk

Commitment will help accelerate company growth through industrial acquisitions in the Midwest, where SparrowHawk has an established presence and track record

December 17, 2025, New York, NY — Almanac Realty Investors (“Almanac”), 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, TX, focused on the acquisition and management of institutional-quality industrial assets located throughout the Midwest.

SparrowHawk currently owns and operates 16 properties, comprised of over 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.”

Founded in 1981, Almanac partners with established owner-operators in all sectors of the real estate market with the goal of accelerating company growth and has committed more than $8.9 billion in capital to 59 real estate companies, both private and public, throughout North America.

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.

About SparrowHawk

SparrowHawk was founded by Alfredo Gutierrez in 2011. The firm is fully integrated and focused on the acquisition and management of institutional-quality industrial assets located throughout the Midwest. For more information, visit www.sparrowhawkre.com.

About Almanac Realty Investors

Almanac Realty Investors, a business unit of Neuberger, is a leading provider of growth capital to private and public real estate companies. Originally founded in 1981 under the name Rothschild Realty, Almanac Realty Investors partners with established owner-operators in all sectors of the real estate market with the goal of accelerating company growth and has committed more than $8.9 billion in capital to 59 real estate companies, both private and public, throughout North America. For more information, visit www.almanacrealty.com.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with 2900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.

Media Contacts:

Soogyung Jordan, soogyung.jordan@nb.com