HANOVER, MD-Industrial Income Trust Inc., a real estate investment trust based in Denver, has recently bought two industrial properties in Hanover for $42.5 million. Industrial Income Trust Inc. has acquired Lincoln Crossroads I and III on Route 1 from Lincoln Property Co.
The two industrial buildings were 56% occupied at the time of closing. In the deal, Jonathan Beard and Robert Cashman of CBRE represented the seller, while the buyer had in-house representation in the deal. For the full story, go to Baltimore Business Journal .
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