Location:
Columbus OH
Florence, KY
Buyer:
Agellan Capital Partners
Seller:
ProLogis
Date of Sale:
09/13/06
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TRANSACTION SUMMARY:
The portfolio consisted of seven “B” quality facilities located in secondary industrial markets. The marketing team successfully marketed the portfolio to the most aggressive buyers of industrial assets creating a competitive bidding environment that produced six capable buyers.
In cooperation with the seller, the marketing team identified a purchaser for the entire portfolio and kept the buyer and seller focused throughout a long and complex due diligence process.
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