MADISON, NJOn behalf of its US core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio valued at $425 million. The seller was Crow Holdings.

The properties, located in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, are newly constructed or still under construction and are close to major thoroughfares and gateway airports. 

Four of the delivered buildings are now fully leased and two others partially leased. 

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