The deal gives Colony a stronger presence in both existing and new US target markets. : Colony Capital has paid $1.16bn (€1.03bn) for a portfolio of 54 light and bulk industrial buildings located across 10 US markets. The $43bn global real estate investor said its subsidiaries bought the 11.9m square feet value-add portfolio from an unnamed seller represented by CBRE National Partners. Forty-eight of the buildings are last-mile light industrial and were acquired through Colony’s existing light industrial platform.