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19 July 2018
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Colony purchases logistics portfolio with 10 properties

11 July 18 - Styliani Rouchota
Colony purchases logistics portfolio with 10 properties

COMPANIES

Pepper Hellas

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Colony Capital’s light industrial platform has increased its portfolio by 1.1m square feet with the acquisition of warehouse properties in the US.

 

The acquisition, according to realassets.ipe.com, of the Northern New Jersey Last Mile Logistics portfolio was completed on 21 June 21 and consists of 10 light industrial buildings that total 639,681sqft.

Colony Industrial said it also bought Enterprise Industrial Park building III in San Antonio on 28 June. The light industrial building totals 359,251sqft.

Colony Industrial owns and manages 47.5m square feet of warehouse buildings in 20 major markets across the US, with a gross asset value of more than $3.5bn as of 30 June.

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