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WexTrust Gets $33M for Nearly 1M SF of Industrial

NASHVILLE-The Space Park North portfolio totals 13 buildings. WexTrust Capital acquired the properties in December 2002.

By Melissa Kress | Updated on September 04, 2007

(Read more on the industrial market.)

NASHVILLE-After a nearly five-year hold, WexTrust Capital has sold two industrial parks totaling 957,691 sf for $33 million. A spokesman for WexTrust Capital tells GlobeSt.com the portfolio is 94% occupied. He declined to name the Boston-based buyer.

The two parks, Space Park North and Old Stone Bridge, are within a half mile from each other in Goodlettsville, 13 miles north of Downtown Nashville. WexTrust Capital acquired the properties from Lord Baltimore Properties in December 2005.

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