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December 1, 2020

CenterPoint pours nearly $29M into Kent Valley logistics properties

Real Estate Editor

In two deals last week, CenterPoint Properties Trust of Chicago acquired a pair of logistics properties for about $28.6 million. First, an Auburn warehouse at 1701 Pike St. N.W. sold for a bit over $18.8 million, according to King County records.

CenterPoint Properties Trust announced that deal on its website last Wednesday. The company has a rapidly expanding local presence, in tandem with the dramatic growth of online commerce during the ongoing pandemic.

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