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WEST CHESTER, OH-First Industrial Realty Trust Inc. haspurchased 10 industrial buildings here in two separate portfoliopurchases. The REIT bought the five-building Union Commerce Centerfor just less than $20 million, a 278,000-sf portfolio comprised oflight industrial facilities along I-75. The trust also has acquiredthe four-building Commerce Park Plaza on Duff Drive and anotherbuilding on Interocean Drive, reportedly for $3.1 million fromEquitable Cos. Inc., based in New York City.

At Union Commerce Center, the buildings range in size from40,000 sf to 72,000 sf, and serve multiple tenants. A FirstIndustrial spokesman did not return calls by press time about theformer owner and tenant listing. The property lease rate isunclear, but the average lease rate for the area is $3.14 per sf,according to a Grubb & Ellis second quarter report. MikeSullivan with Colliers Turley Martin Tucker confirmed the sale.