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Pennybacker Capital Picks Up Last-Mile Warehouse Facility in Raleigh

LM Real Estate Partners Sells Multitenant Distribution Facility
(CoStar)
(CoStar)
By Carlos Likins
CoStar News
December 2, 2021 | 7:53 P.M.

Pennybacker Capital is entering the Raleigh, North Carolina, market with its purchase of South 40 Distribution Center, a last-mile, multitenant warehouse facility.

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