Colony Industrial Adds 1.1 Million Square Feet
COLONY CAPITAL INC (CLNY)
Last colony capital inc earnings: 2/28 07:30 am
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Source: Business Wire
Acquires last-mile warehouse properties in three high-demand markets: Northern NJ, Baltimore, MD and San Antonio, TX DALLAS--(BUSINESS WIRE)-- Colony Industrial announced today it has acquired a portfolio of properties in Northern NJ and added new properties in Baltimore, MD and San Antonio, TX, increasing its industrial portfolio by 1.1 million square feet. Colony Industrial is the light industrial platform of Colony Capital, Inc. (NYSE: CLNY), a diversified global real estate investment firm with $43 billion of assets under management. Northern New Jersey The acquisition of the Northern New Jersey Last Mile Logistics portfolio was completed on June 21, 2018 by Colony Industrial and consists of 10 light industrial buildings that total 639,681 square feet. The portfolio is strategically located along the I-95 and I-80 corridors, in four industrial submarkets which provide convenie
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