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New build-to-rent project underway, Phoenix industrial facility sells; 7 other real estate deals to know

June 9, 2022

A fund sponsored by CBRE Investment Management purchased a 230,385-square-foot industrial facility in Phoenix in the south airport submarket. The three buildings are located at 3545, 3555 and 3575 S. 28th St. and are known as the Freeway Logistics Center, which CBRE Investment Management acquired in May for $60 million from Cohen Asset Management, according to real estate database Vizzda.

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