(To read more on the industrial market and the netlease market, clickhere.)

LOS ANGELES-CB Richard Ellis Investors has acquired afive-property industrial portfolio in four states from locallybased Bentley Forbes for $80.5 million. The warehouse anddistribution buildings, which are all 100% occupied by globallogistics provider Kuehne & Nagel, are in Chicago, Boston,Atlanta and Raleigh, NC.

David Cobb, president and CEO of BentleyForbes, calls the deal astrategic disposition for the company and describes the propertiesas "high-quality, net-leased warehouse buildings." Proceeds fromthis and other sales will go toward expanding the Bentley Forbesportfolio of class A office properties and luxury hospitalityassets, although the company continues to consider somesingle-tenant acquisitions.

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