- The nearly 1M square foot bulk distribution warehouse is occupied by a regional third-party logistics company under a 10-year lease. The purchase price is $39M and the average cap rate is 8.7%.
- Gladstone's (GOOD -0.2%) portfolio is up to 93 properties in 23 states totaling about 10.5M square feet.
- Press release
at CNBC.com (Jun 3, 2014)