REIT

Kent Valley Industrial Portfolio Sells for $37.6 Million

Kent Valley Industrial Portfolio Sells for $37.6 Million

Justin Sumner, COSTAR PS Business Parks, Inc. (NYSE: PSB) has acquired 212th Business Park, a 958,000-square-foot, eight-building industrial park for $37.6 million, or about $41 per square foot, from CBRE Global Investors. The 44-acre park is located in the Kent Valley submarket of Seattle, WA on S 212th St. and 84th Ave. S in close proximity…