Transactions reported this week included the sale of an industrial portfolio.
Bridge Development Partners has sold a 10-building industrial portfolio totaling 3.4 million square feet to Duke Realty Corp. for approximately $515 million.
The assets are newly constructed facilities in the industrial markets of Southern California, Northern New Jersey and South Florida. The transaction will be completed in phases, with the first phase having closed on Sept. 27 and the final phase expected to close near the end of the year.
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