{"id":1004089226,"date":"2014-01-03T07:20:25","date_gmt":"2014-01-03T15:20:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004089226"},"modified":"2022-12-05T20:12:20","modified_gmt":"2022-12-06T04:12:20","slug":"indcor-grabs-7-msf-multi-market-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/indcor-grabs-7-msf-multi-market-portfolio\/","title":{"rendered":"Indcor Grabs 7 MSF Multi-Market Portfolio"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/i><\/p>\n

IndCor Properties, Inc., acquired a 7 million-square-foot portfolio of industrial properties located in the key markets of Reno, Las Vegas, Chicago and Southern California.<\/p>\n

Eastdil Secured brokered the transaction.<\/p>\n

\u201cWe have strategically increased our presence in these key markets with Class A infill assets,\u201d Tim Beaudin, IndCor\u2019s president & CEO, said in a company release. \u201cWe have seen strong leasing fundamentals in these areas, and have expanded our portfolio accordingly, with a specific focus on the Nevada area.\u201d<\/p>\n

The acquisition includes 2.4 million square feet in Reno and an additional 2.3 million square feet in Las Vegas. IndCor also acquired 1.6 million square feet in Chicago and 650,000 square feet in Southern California.<\/p>\n

With the deal, IndCor increased its total square footage owned and managed to more than 107 million square feet located in more than 40 key logistics markets in 24 states.<\/p>\n

At the beginning of 2013, Beaudin said in a company release that IndCor would continue being aggressive in acquisitions and that trend looks to continue in 2014 with this deal.<\/p>\n

\u201cThe one thing you will see change is IndCor take the lead on doing some one-off acquisitions in the range of $25 million to $75 million,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

IndCor Properties acquired a 7 million-square-foot portfolio of industrial properties located in the key markets of Reno, Las Vegas, Chicago and Southern California.<\/p>\n","protected":false},"author":451,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21748,21783,1594,13,21742,15],"tags":[],"class_list":["post-1004089226","post","type-post","status-publish","format-standard","hentry","category-chicago","category-industrial","category-investment","category-los-angeles","category-midwest","category-latest","category-west"],"acf":[],"yoast_head":"\nIndcor Grabs 7 MSF Multi-Market Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/indcor-grabs-7-msf-multi-market-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indcor Grabs 7 MSF Multi-Market Portfolio\" \/>\n<meta property=\"og:description\" content=\"IndCor Properties acquired a 7 million-square-foot portfolio of industrial properties located in the key markets of Reno, Las Vegas, Chicago and Southern California.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/indcor-grabs-7-msf-multi-market-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-01-03T15:20:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T04:12:20+00:00\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/indcor-grabs-7-msf-multi-market-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/indcor-grabs-7-msf-multi-market-portfolio\/\",\"name\":\"Indcor Grabs 7 MSF Multi-Market Portfolio - 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