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Exeter Buys Industrial Portfolio For $240M

Exeter Property Group has acquired a industrial portfolio, located primarily in Indiana and Tennessee, for about $240 million.

    Exeter Property Grouphas acquired a industrial portfolio, located primarily in Indiana and Tennessee, for about $240 million,GlobeStreports. The portfolio, which was 98% leased to 27 tenants, was sold byPinchal & Company.

    Pinchal in partnership withAmerican National InsuranceandANTACdivested the 19 industrial buildings.Jones Lang LaSalle’sJohn Huguenard,Peter Harwood,Garry WeissandSean Devaneymarketed the properties.

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