Westcore Properties has sold a 26-asset industrial portfolio to Stockbridge Capital Group for an undisclosed sum. The portfolio totals nearly 7 million square feet and is located in five states and nine markets.

The 26 assets are located in California, Nevada, Utah, Arizona and Indiana, with the majority of properties in California and Nevada. Westcore acquired the properties in the last three years, and has renovated each and brought them to 100% occupancy.

Stephen Silk, Jay Borzi and Adam Pastor of Eastdil Secured represented Westcore Properties in the sale, while Stockbridge Capital Group represented itself.

 

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.