NEW YORK CITY — W.P. Carey Inc., a global net-lease REIT, has acquired three industrial properties totaled at $111 million amid fierce competition for the assets. Droves of investors are fiercely competing for darling industrial acquisitions, which has led W.P. Carey to not only streamline deal production to bulk-up on industrial assets but reinforce investor partnerships through the accretive acquisitions, said Andrés Dallal, executive director of investments at the firm, in a prepared statement.

Aggregate industrial investments have served the benefit of W.P. Carey, allowing it to unlock real estate value for clients and shareholders long term because of industrial's favor in the market. The top-ranked company is one of the largest net-lease REITs, with an estimated market value of $20 billion. Although the company is large, it maintains a nimble approach, according to Dallal.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.