FAIRFAX, VA-The Chantilly Business Center II, a warehouse facility situated in Chantilly, has come under a new ownership. Industrial Income Trust, a real estate investment trust, bought the fully leased warehouse, which measures 160,000 square feet, for an amount of $17.55 million.
Principal Life Insurance Co. was the seller of the Chantilly property. Transwestern, a Columbia, Maryland-based commercial real estate broker, handled the sale. For the full story, go to Washington Business Journal .
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