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James Campbell Co. Sheds Industrial Portfolio

SEATTLE-Rreef buys the 11-building portfolio, totaling 940,654 square feet, for an undisclosed amount, but GlobeSt.com learns that six of the buildings were shed for around $50 million.

By Natalie Dolce | Updated on November 04, 2010

SEATTLE-Rreef, the real estate investment management business of Deutsche Bank’s asset management division has acquired the Kent Valley Industrial Portfolio in Kent and Tukwila, WA on behalf of an institutional client. The property was purchased from the James Campbell Co.

The suburban Seattle portfolio consists of a total of 11 warehouse and distribution buildings totaling 940,654 square feet. Eight of the buildings are located in the Southcenter South Industrial Park in Tukwila and three are located in the Greenriver Corporate Park in Kent.  

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