ATLANTA, GA – Institutionally managed REIT, Invesco Real Estate Income Trust Inc. has purchased an industrial property in Ohio and a retail property in New York for a combined purchased price of $94 million.
The acquisition brings the firm's portfolio to total more than $850 million in gross assets.
The acquired 378,283-square-foot distribution facility, located at 2919-2999 Lewis Centre Way in Grove City, OH, is currently 100% leased. Built in 2000, the property was is situated in the Columbus metropolitan area, near the international airport and rail.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
