Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
ASB benefited from significant value creation during the term of its investment, and saw the opportunity to realize gains for its investors, while rebalancing its diversified real estate portfolio in line with allocation targets.
Buying value-add industrial properties at well below replacement cost and being very selective about office acquisitions is part of CIP Real Estate's investment strategy, principal Eric Smyth tells GlobeSt.com.
“This property represents one of the largest concentrations of approved land in the coveted Lehigh Valley area of the Interstate 78/81 Corridor,” says CBRE's Brian Fiumara.