San Diego’s Westcore Properties has closed a new $150 million, separately managed equity raise with a single institutional investor, structured on its behalf by CBRE. Funds for the programmatic account will be paired to a co-invest from Westcore for approximately $400 million in buying power (with leverage) for industrial real estate acquisitions similar to the company’s recent $26-million…
CBRE Finalizes $150M for Westcore’s Natl. Industrial Investments
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