Clarion Partners Real Estate Income Fund Inc. (CPREIF) Acquires Three-Building Industrial Portfolio in the Inland Empire West Area
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Thursday, August 25, 2022
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Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically added to its property holdings with the acquisition of three 100% leased warehouse and distribution buildings totaling 109,644 square feet in Chino, CA within the Inland Empire West (IE West) submarket*.
Key Points:
- Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically added to its property holdings with the acquisition of three 100% leased warehouse and distribution buildings totaling 109,644 square feet in Chino, CA within the Inland Empire West (IE West) submarket*.
- The industrial sector in the Inland Empire continues to experience low vacancy rates amid steady demand.
- We are thrilled to again work with the professional team at Clarion Partners on the acquisition of this Inland Empire portfolio, said JLL Capital Markets Senior Managing Director and Industrial Group Leader Mark Detmer.
- About Clarion Partners Real Estate Income Fund Inc. (CPREIF)
CPREIF offers individual investors direct access to a portfolio of privately-held, income-producing commercial real estate properties through an innovative investment fund driven by Clarion's deep real estate expertise.