The e-commerce market continues to drive the industrial warehouse market in the U.S. as warehouse operators snap up capacity whenever possible.
RPG, a developer in San Diego County in California, has acquired a 202,844-square-foot facility at 1 Viper Way in San Diego for $26.1 million. Cushman & Wakefield represented Stockbridge, a private equity real estate investment management firm, which sold the property. Cushman has been retained by RPG to handle project leasing.
RPG intends to redevelop...
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