Criterion Group acquired eight industrial outdoor storage (IOS) properties totaling 151 acres for an aggregate purchase price of $45.3 million, it announced this week.
Criterion Group's IOS portfolio now extends to 13 states and for the first time includes investments in Virginia and North Carolina.
The group recently formed a joint venture with Columbia Pacific Advisors to expand its IOS portfolio by deploying a $2 billion in capital by the end of 2023.
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