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Posted on: March 7, 2019, 1:31 p.m.
Less than a month after unloading $136 million worth of assets, Colony Capital said it is buying a massive $1.2-billion portfolio of industrial properties spread across the country. The deal, which includes 54 buildings totaling about 11.9 million square feet, will expand the firm’s footprint by 25 percent in square footage terms, said Lew Friedland, managing director at Colony Capital. The properties are in 10 markets, including Northern and Southern California, Illinois, Washington, Oregon, Nevada, ... [more] Full investment news articleRelevent to this post: Thomas Barrack, Colony Capital LLC,