Colin Dove
GAITHERSBURG, MD—Real estate investment firms Elion Partners and Buchanan Partners have announced the acquisition of a 1.6 million square foot industrial portfolio, spanning 34 buildings in the Washington D.C. Metro area. The two buyers didn't announce the seller but the specs of the portfolio match exactly to the one that Office Properties Income Trust announced it had sold this week for $198.5 million, excluding closing costs.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
