REBusiness Online LBA Realty has bought a 103,193-square-foot distribution center in the Washington, D.C., suburb of Capitol Heights, Md., for $20.4 million, or about $197.69/sf. A venture of The Pinkard Group and Principal Asset Management sold the property in a deal brokered by Newmark. The property, at 8700 Ritchie Drive, is fully leased to tenants […]

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