I3's Industrial Fund Three LP and i3 Investors, LLC acquired Windisch Road Industrial Portfolio in West Chester, Ohio from First Industrial Realty Trust, Inc. (NYSE:FR) for $33 million.
February 13, 2024
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i3's Industrial Fund Three LP and i3 Investors, LLC acquired Windisch Road Industrial Portfolio in West Chester, Ohio from First Industrial Realty Trust, Inc. (NYSE:FR) for $33 million on February 6, 2024. Ken Martin and Brian Walsh with JLL represented i3 Investors in securing debt for the acquisition.
i3's Industrial Fund Three LP managed by i3 Investors, LLC completed the acquisition of Windisch Road Industrial Portfolio in West Chester, Ohio from First Industrial Realty Trust, Inc. (NYSE:FR) on February 6, 2024.
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the Company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The Company owns approximately 428 industrial properties, of which 422 are classified as in-service. The 422 in-service industrial properties contained an aggregate of approximately 64.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.
I3's Industrial Fund Three LP and i3 Investors, LLC acquired Windisch Road Industrial Portfolio in West Chester, Ohio from First Industrial Realty Trust, Inc. (NYSE: FR) for $33 million.