Transactions reported this week included two portfolio acquisitions.
FCP sold an 11-property multifamily portfolio, totaling 1,731 units, representing the largest group in its “Apartments of St. Charles” portfolio, for $302 million to an affiliate of Strata Equity Group. The properties are located in St. Charles, Md.
Clarion Partners purchased a 3.7 million-square-foot industrial portfolio for more than $200 million. The seller was The PAULS Corp.
The portfolio spans across four cities: Atlanta, Dallas, Denver and Las Vegas.
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