First Industrial Realty Trust Inc. has acquired a portfolio of 18 industrial buildings totaling 2.4 million square feet across four states.

The value of the portfolio was not disclosed.

The portfolio covers five markets and is comprised of nine buildings in Dallas, four in Chicago, three in Minneapolis, and one each in Kansas City and San Antonio.

Principal Real Estate Investors sold the buildings.

First Industrial Realty Trust builds, buys, sells and manages industrial property in major markets nationwide.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Leaders from across the industry answered our call to come to Inman Connect and share essential advice for leveling up your 2021.SEE THE SPEAKERS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription