(Read more on the industrial market.)

CHARLESTON, SC-Fort Lauderdale, FL-based Mainstreet Capital Partners has sold Leeds Park, an 850,000-sf warehouse and manufacturing facility, for $54.85 million.

Mainstreet, in a joint venture with New York City-based DRA Advisors, acquired Leeds Park in September 2002 for $9 million in an off-market partial sales-leaseback transaction from Columbus, IN-based Cummins Inc. The acquisition included land for the development of up to 200,000 sf of warehouse space.

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