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Industrial Logistics Lands New Capital for Joint Venture

Sovereign Wealth Fund’s Equity Stake of $108 Million Reduces Debt for Massachusetts REIT
The Amazon distribution center in Ruskin, Florida, is one of 12 properties owned in an Industrial Logistics Properties Trust joint venture. (CoStar)
The Amazon distribution center in Ruskin, Florida, is one of 12 properties owned in an Industrial Logistics Properties Trust joint venture. (CoStar)
CoStar News
November 19, 2020 | 9:01 P.M.

Industrial Logistics Properties Trust has reached a deal to bring international money to an existing joint venture that owns U.S. industrial properties including three Amazon fulfillment centers.

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