Ares Management Corporation (NYSE:ARES) acquired 14-Building South Jersey Industrial Portfolio from Whitesell Construction Co., Inc. for approximately $120 million on February 12, 2024. Ares' acquired the property of 1,116,348 square feet for $106 per square foot which is for $118.332888 million. CBRE's Michael Hines represented Whitesell Construction in the sale.

Ares Management Corporation (NYSE:ARES) completed the acquisition of 14-Building South Jersey Industrial Portfolio from Whitesell Construction Co., Inc. on February 12, 2024.