Joint venture lands Tennessee warehouse

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

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