Commercial Property Executive LBA Logistics has paid $39 million, or $177.08/unit, for the 220,240-square-foot industrial property at 9701 North 151st Ave. in Glendale, Ariz. The Irvine, Calif., investment manager purchased the property from a venture of Echo Real Estate Capital Inc. of Chicago and Grandview Partners of Greenwich, Conn., which was represented by Cushman & […]

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