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Brookfield Asset Management Inc. Message Board

  • bam_medusa bam_medusa Oct 16, 2012 7:16 PM Flag

    HBIP - Acquisition of 200 Birch Creek Rd. and Jackson 85 Distribution Center II ...

    Hillwood Brookfield Industrial Partners LP bought two more industrial properties in August:
    o 200 Birch Creek Rd - 592,232 sq.ft distribution center located in Bridgeport, NJ for $18.55M;
    o Jackson 85 Distribution Center II - 1M sq.ft bluk distribution building in Atlanta, GA.
    The Atlanta property is currently only 50% leased. The Bridgeport property
    doesn't have a tenant.

    Combined with the Memphis portfolio, HBIP acquired 3.2M sq.ft of industrial properties
    in August 2012.

34.93-0.18(-0.51%)Sep 23 4:02 PMEDT