{"id":1004339999,"date":"2019-07-22T00:57:24","date_gmt":"2019-07-22T08:57:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004339999"},"modified":"2019-07-22T05:10:57","modified_gmt":"2019-07-22T13:10:57","slug":"granite-reit-buys-3-facilities-in-120m-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/","title":{"rendered":"Granite REIT Buys 3 Facilities in $120M Deal"},"content":{"rendered":"
\"\"<\/a>

Heirweg 3. Image courtesy of Granite REIT<\/em><\/p><\/div>\n

Canadian-based Granite REIT has acquired three industrial properties in the U.S. and Europe for a total of $120 million. The fully leased facilities are located in the states of Ohio, Mississippi and in Born, Netherlands.<\/p>\n

The largest of the three industrial properties acquired by Granite is located at 1901 Beggrow St. in Columbus, Ohio. The 802,390-square-foot distribution center has 36-foot clear heights and is situated on 51.1 acres. Completed in 2018, the facility is 100 percent leased to a subsidiary of Pepsi, with a remaining lease term of about four years. The property is located within 2 miles of the Rickenbacker International Airport, an airport dedicated solely for cargo uses. The property has the potential to expand by about 200,000 square feet.<\/p>\n

In Mississippi, Granite has agreed to acquire 1222 Commerce Parkway, a 300,145-square-foot distribution center situated on nearly 21 acres in the town of Horn Lake. Completed in 2018, the facility features 32-foot clear heights and is fully leased to DSV Solutions and EPE Industries. Located in the DeSoto County submarket, the property is less than 15 miles from downtown Memphis, Tenn., and offers access to Interstate 55 and the Memphis International Airport.<\/p>\n

Granite\u2019s third announced acquisition is Heirweg 3, a roughly 260,000-square-foot distribution center in Born, Netherlands. Situated on 7.4 acres, the facility was delivered in 2008 and is currently 100 percent leased to Broekman Logistics. Heirweg 3 is located within a well-established business park and is in close proximity to an inland port, rail and the A2 motorway.<\/p>\n","protected":false},"excerpt":{"rendered":"

The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.<\/p>\n","protected":false},"author":745,"featured_media":1004506740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,16,21783,23891,21742],"tags":[46403],"class_list":["post-1004339999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-international","category-investment","category-national","category-latest","tag-granite-reit"],"acf":[],"yoast_head":"\nGranite REIT Buys 3 Facilities in $120M Deal - 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\/granite-reit-buys-3-facilities-in-120m-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Granite REIT Buys 3 Facilities in $120M Deal\" \/>\n<meta property=\"og:description\" content=\"The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/\" \/>\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=\"2019-07-22T08:57:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-22T13:10:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"845\" \/>\n\t<meta property=\"og:image:height\" content=\"634\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Dutton\" \/>\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\/granite-reit-buys-3-facilities-in-120m-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/\",\"name\":\"Granite REIT Buys 3 Facilities in $120M Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg\",\"datePublished\":\"2019-07-22T08:57:24+00:00\",\"dateModified\":\"2019-07-22T13:10:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg\",\"width\":845,\"height\":634},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Granite REIT Buys 3 Facilities in $120M Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d\",\"name\":\"Holly Dutton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75\",\"caption\":\"Holly Dutton\"},\"description\":\"Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/hollydutton\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Granite REIT Buys 3 Facilities in $120M Deal - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/","og_locale":"en_US","og_type":"article","og_title":"Granite REIT Buys 3 Facilities in $120M Deal","og_description":"The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.","og_url":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-07-22T08:57:24+00:00","article_modified_time":"2019-07-22T13:10:57+00:00","og_image":[{"width":845,"height":634,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg","type":"image\/jpeg"}],"author":"Holly Dutton","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/","url":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/","name":"Granite REIT Buys 3 Facilities in $120M Deal - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg","datePublished":"2019-07-22T08:57:24+00:00","dateModified":"2019-07-22T13:10:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg","width":845,"height":634},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/granite-reit-buys-3-facilities-in-120m-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Granite REIT Buys 3 Facilities in $120M Deal"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d","name":"Holly Dutton","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Holly-D-Dutton-e1622041566670.png?w=75","caption":"Holly Dutton"},"description":"Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton","url":"https:\/\/www.commercialsearch.com\/news\/author\/hollydutton\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/1-1-e1563762009757.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004339999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/745"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004339999"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004339999\/revisions"}],"predecessor-version":[{"id":1004340263,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004339999\/revisions\/1004340263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506740"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004339999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004339999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004339999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}