Simpson Thacher represented Town Lane in the acquisition of a 23-property industrial outdoor storage portfolio and the launch of a platform venture with Axis Partners, an Atlanta-based industrial owner and operator. The transaction includes a strategic investment by Town Lane in the Axis operating platform.
Town Lane was founded in 2024 by Tyler Henritze and co-founded by Parker Morse after raising $1.25 billion of institutional investor capital targeting opportunistic returns for its inaugural real estate fund.
The Simpson Thacher team included Sas Mehrara, Avi Kaye, Dorian Ledbetter, Hun Lee, Tara Martin-Chen, Jake Melnick and Anna Kathryn Kilby (Real Estate); Nancy Mehlman and Andrew Wasilick (Tax); Andrew Blau, Kaitlin Hulbert and Nicklaus Chalk (Executive Compensation and Employee Benefits).