CIP Real Estate Completes $279 Million In Transactions in The Fourth Quarter of 2024

IRVINE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- CIP REAL ESTATE acquired four industrial parks in December 2024, in addition to selling six office buildings and a flex project, leading to $279 million in total transactions at year-end. The acquisitions totaled approximately $240 million across three states: Broadway 101 Commerce Park in Mesa, Ariz., was purchased for $168.5 million marking the Phoenix area’s largest industrial sale of 2024. The 11-building park consists of 809,231 square feet and is one o ...