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First Industrial Buys 10 Sites for About $23M

WEST CHESTER, OH-First Industrial Realty Trust Inc. bought the five-building Union Commerce Center, the four-property Commerce Park Plaza and another site.

By Robert Carr | Updated on October 12, 2007

(Read more on the industrial market.)

WEST CHESTER, OH-First Industrial Realty Trust Inc. has purchased 10 industrial buildings here in two separate portfolio purchases. The REIT bought the five-building Union Commerce Center for just less than $20 million, a 278,000-sf portfolio comprised of light industrial facilities along I-75. The trust also has acquired the four-building Commerce Park Plaza on Duff Drive and another building on Interocean Drive, reportedly for $3.1 million from Equitable Cos. Inc., based in New York City.

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