Vancouver Outfit Claims 1.6 Million-SF Southeast U.S. Industrial Portfolio for $81 Million

Home / Vancouver Outfit Claims 1.6 Million-SF Southeast U.S. Industrial Portfolio for $81 Million

Pure Industrial Real Estate Trust (TSX: AAR.UN) (“PIRET), an unincorporated, open-ended investment trust headquartered in Vancouver, BC, struck a deal with Boston-based STAG Industrial Management (NYSE: STAG) to acquire six warehouse/distribution centers totaling nearly 1.6 million square feet across the Atlanta, GA and Charlotte, NC markets for $81 million ($106 million CAN), or approximately $52 per square foot ($68 CAN). The six properties are…

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