ASB Real Estate Investments has acquired the Bloomington Logistics Center for $100.5 million. ABS purchased the property through its Allegiance Real Estate Fund, a $7.5 billion core vehicle.

Bloomington Logistics Center is a 677,383-square-foot industrial property in the Inland Empire. The building features state-of-the-art construction—36-foot-clear ceiling heights, cross-dock loading with 118 dock-high doors, 8-inch-thick slab floors, 185-foot concrete secured truck courts, ESFR sprinklers, and 171 trailer parking stalls.

The acquisition is ASB's second this year in the Inland Empire.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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