Phase II of King Mill Distribution Park near Atlanta has traded hands. Phase II of King Mill Distribution Park near Atlanta has traded hands.

ATLANTA—Phase II of King Mill Distribution Park near Atlanta has traded hands. Trammell Crow Company and its partner, Allstate, sold the industrial asset to Pure Industrial Real Estate Trust (PIRET), a Canadian Real Estate Investment Trust (REIT) that focuses on industrial properties. Financial terms of the deal were not disclosed.