ASB Real Estate Investments Makes $100M Buy

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.