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Transactions - OCTOBER 12, 2021

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Starwood Capital Group buys Arizona portfolio for $407m

by Andrea Zander

Starwood Capital Group has purchased an 11-property collection from EJM Development for a total of $407 million, according to the Phoenix Business Journal.

The 11 industrial sites sold are located in Phoenix, Tempe and Tolleson, and the portfolio totals about 30 buildings and more than 2 million square feet of space.

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