Westcore Sells 7M-SF Industrial Portfolio

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.