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AMERICA’S GATEWAY INDUSTRIAL PORTFOLIO SOLD FOR $19 MILLION

AMERICA’S GATEWAY INDUSTRIAL PORTFOLIO SOLD FOR $19 MILLION

Miami, FL – January 25, 2012 – (RealEstateRama) — TA Associates acquired the America’s Gateway portfolio, a four-building distribution warehouse portfolio in Miami, for just over $19 million. CBRE Capital Markets professionals Chris Riley, Christian Lee and Brian Budnick, with the help of Industrial leasing professionals Devin White and David Albert, marketed the portfolio and negotiated the transaction on behalf of the seller, Clarion Partners.