Toronto-based WPT Industrial Real Estate Investment Trust has agreed to a deal valued at 730 million U.S. dollars to buy all 26 properties owned by Pure Industrial Real Estate Trust south of the border, a move that boosts the REIT's portfolio to 2.3 billion U.S. dollars.
WPT Industrial Strikes Deal to Buy PIRET's US Holdings for 730 Million US Dollars
Deal Set to Close Next Month Would Grow Toronto REIT's Portfolio 39%
By Garry Marr
CoStar News
February 19, 2020 | 7:40 P.M.
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IN THIS ARTICLE
- Properties
- FedEx Ground
5 Commerce Dr, Barrington, NJ
- Companies
- Pure Industrial
Real Estate