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May 27, 2020  

Deal Struck on Big Warehouse Bundle

AGC Equity has agreed to pay $250 million for a 2.9 million-square-foot portfolio of industrial properties in the Southeast, in one of the sector’s largest deals since the start of the coronavirus pandemic.The package consists of five distribution centers, all completed within the past year and fully leased to single tenants. They’re in the markets of Nashville, Raleigh, Savannah, Ga., Charlotte and Huntsville, Ala. The price is...

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