Joint venture lands Tennessee warehouse

Partnership formed with Lexington Corporate Properties Trust

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A recently formed joint venture investment program of Lexington Corporate Properties Trust acquired a 677,400-square-foot distribution facility in Antioch, Tenn. The value of the transaction was $25.4 million. The property, a distribution facility constructed in 1999 on 55.6 acres, is net-leased to Dana Corp. through October 2021. Lexington Corporate Properties Trust is a real estate investment trust that owns and manages office, industrial and retail properties. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....