Cabot Properties has sold its Cabot Industrial Core Fund in an $875 million transaction to AXA Investment Managers—Real Assets. Launched in 2015, the fund is a 27-property, 8 million-square-foot portfolio of midsized logistics facilities.

Cabot acquired the properties over 20 transactions. They are located in core US markets including Los Angeles, Chicago, Dallas, South Florida, Atlanta and New Jersey. All of the buildings are class-A quality with 32-foot clear heights and an average building size of 300,000 square feet. All of the properties target logistics and ecommerce companies that need to be near major population centers.

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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.

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