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HAMMOND, LA-A Dallas-based real estate investment partnershiphas sold a 20-year-old multi-tenant warehouse, distribution andproduction complex for $28.4 million. The seller had bought the710,603-sf complex, situated 55 miles northwest of New Orleans, in2000 for $9.5 million.

Pride Drive Business Center at 301-511 Pride Dr. has been boughtby Hammond Industrial Holdings LLC, an affiliate of Chicago-basedWexTrust Capital, a global private equity and specialty financecompany. The fully leased complex, built by a regional supermarketchain as a distribution center, includes 471,127 sf ofoffice/warehouse space, 207,872 sf of freezer and cooler space, a20,604-sf office building and an 11,000-sf truck-maintenancebuilding. The complex originally covered 150 acres, but 43 acreswere carved out and sold in the last five years, according to DavidE. Gibbons, a partner in Acadia Capital Group LLC who heads up theseller's group.