Industrial buildings sell for $1 billion

Deal involves more than 200 structures
Published on Sep 30, 2005

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by CareyBot

Indianapolis-based Duke Realty Corp. sold its 14.3 million-square-foot industrial portfolio spread across eight U.S. markets. The total value of the portfolio was $1 billion. FirstCal Industrial 2, a joint venture between Chicago-based First Industrial Realty Trust and the California State ...