JPMorgan fund invests in California facility

Purchases property in South Los Angeles region
Published on Feb 28, 2006

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by CareyBot

Grubb & Ellis Co. recently announced that a fund advised by JPMorgan Asset Management has purchased a 313,168-square-foot industrial facility in Compton, Calif. The transaction was valued at $26.2 million. The freestanding, single-story concrete tilt-up building, which is located at ...