Institutional Investor Bags Improved Last-Mile Center
NATIONAL CITY, CA—Stos Partners has sold 901 Bay Marina Dr. here, a 91,541-square-foot single-tenant industrial property, after owning the asset for slightly more than a year and completing an improvement program on it. Stos purchased the property in November 2016 for $12.2 million, and its sale to an undisclosed institutional investor 14 months later…
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