ASB Real EstateInvestments has acquired the Bloomington Logistics Centerfor $100.5 million. ABS purchased the property through itsAllegiance Real Estate Fund, a $7.5 billion core vehicle.
Bloomington Logistics Center is a 677,383-square-foot industrialproperty in the Inland Empire. The building featuresstate-of-the-art construction—36-foot-clear ceiling heights,cross-dock loading with 118 dock-high doors, 8-inch-thick slabfloors, 185-foot concrete secured truck courts, ESFR sprinklers,and 171 trailer parking stalls.
The acquisition is ASB's second this year in the InlandEmpire.
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