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Acquisition (USD129m): Hartz Mountain Industries/Peachtree Corners and Kennestone Corners

Posted: October 23, 2014 | Real Estate | Americas

Deal Feed International Reports: Hartz Mountain Industries Acquires North Atlanta Distribution Portfolio for $129M

Press Release:

An entity controlled by Hartz Mountain Industries has acquired Peachtree Corners and Kennestone Corners, a 2.5-million-square-foot North Atlanta distribution portfolio of Class B industrial centers, from Clarion Partners for $129 million.

CBRE’s New York Institutional Properties team represented the buyer in the transaction, while CBRE’s National Partners team represented the seller.

Deal details sourced by the Deal Feed Team from Commercial Property Executive. (Opens in new window)

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