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Home / News / Commercial Real Estate / Canadian REIT Pure Industrial grows US footprint with Charlotte purchase (access required)

Canadian REIT Pure Industrial grows US footprint with Charlotte purchase (access required)

The company has acquired a six-property portfolio from STAG Industrial Inc., for a total of $81 million.

Canadian-based Pure Industrial Real Estate Trust is expanding its footprint in two major Southeast U.S. markets—Atlanta and Charlotte—with the purchase of a six-property portfolio of industrial assets from STAG Industrial Inc. for $81 million, according to a press release from the company. The United States acquisitions comprise roughly 1.6 million square feet and consist of four assets ...

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