REBusiness Online Pacifica Real Estate Group has bought the 150,000-square-foot distribution center at 6325 Global Drive in Memphis, Tenn., for $12 million, or $80/sf. The buyer was not disclosed. CBRE brokered the deal and arranged an undisclosed amount of acquisition financing with a 10-year term and 5.5 percent interest rate. The industrial property is fully […]

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