Colony NorthStar Picks Up $201 Million Warehouse Portfolio Along I-95 Corridor

Colony Northstar (NYSE: CLNS) has finalized a deal to acquire $ 201 million worth of industrial real estate along the I-95 corridor between Maryland and Delaware from fellow institutional investor TA Realty. The Los Angeles-based Colony Northstar paid nearly $ 72 per square foot for the portfolio, which totals 2.8 million square feet over 20 properties with the highest concentration located in the Baltimore MSA. The Mid-Atlantic portfolio, which…
National Commercial Real Estate News From CoStar Group

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