Nov
29
Reno Distribution Center Changes Hands
ByJLL’s Capital Markets represented California State Teachers’ Retirement System and Panattoni Development Co. in the sale of a 423,001-square-foot Class A industrial property to LBA Realty.
LBA Realty has acquired the Mary’s Gone Crackers Manufacturing and Distribution Center in Reno, Nev., from CP Logistics NVCC Building A2 LLC, a partnership between California State Teachers’ Retirement System and Panattoni Development Co., for $29 million.
JLL represented the joint venture in the sale of the 423,001-square-foot Class A industrial asset…