Invesco Real Estate has paid $62.75 million, or $239.55/sf, for three light-industrial buildings with a total of 261,950 square feet in the Rockland County, N.Y., town of Valley Cottage. The investment manager bought the properties from a venture of Lincoln Equities Group LLC and PCCP LLC in a deal arranged by JLL Capital Markets. The […]

The post Invesco Pays $62.75Mln for 261,950-SF Industrial Portfolio in Rockland County, N.Y. appeared first on Commercial Real Estate Direct.