MAG Capital Partners Completes ~$89 Million Sale of 1.37M-SF Midwest Industrial Portfolio to Fundamental Income Properties, a Subsidiary of Starwood Property Trust (NYSE: STWD)
Starwood Property Trust's subsidiary, Fundamental Income Properties, acquired a 1.37 million square foot Midwest industrial portfolio from MAG Capital Partners for approximately $89 million. The transaction involves six triple-net-leased manufacturing properties, adding long-term industrial assets to Starwood's platform.
Key figures
- Deal Value Usd
- $89 million
- Square feet
- 1.37 million
- Property count
- 6
AI analysis
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