Commercial Property Executive W.P. Carey has paid $102 million, or $102/unit, for a 1 million-square-foot building within the I-64 Commerce Center in Shelbyville, Ky. The New York REIT purchased the property from Flint Development, which was represented by Colliers. The property opened last year at 139 Logistics Drive, about 28 miles east of Louisville, Ky. […]

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