Fundrise, a crowdfunding real estate investment platform that sells shares for as low as $10, announced this week it will spend $130 million to acquire properties for a national expansion of Saltbox, the co-warehousing startup.
Saltbox, which provides logistics space primarily to e-commerce entrepreneurs in small, flexible warehouse suites, grew from a single flagship operation in Atlanta to six US locations in 2021, including in Los Angeles, Denver, Dallas and Seattle.