(Read more on the industrial market.)
NASHVILLE, TN-Sacramento, CA-based Panattoni Development Co. LLC has acquired the five-building, 121,000-sf flex Metroplex Business Park at 475 Metroplex Dr. The seller was LaSalle Bank, Trustee.
Mark Robbins, with Robbins Properties, represented the seller. The property, located near the Interstate 24/Harding Place Interchange, is about 80% occupied. The acquisition price was not released, but similar properties have sold for about $15 million.
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