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September 6, 2019

TA Realty gets $1B for logistics portfolio

BOSTON — TA Realty announced that it has sold an 8.3-million-square-foot, 96-property logistics portfolio for $1.04 billion.

The seller was one of its closed-end value-added funds. AEW Capital Management acquired 28 Texas properties, and a Blackstone fund bought the other 68, six of which are in our market.

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