Philadelphia-area-based real estate investor Exeter Property Group LLC purchased a 1.2 million-square-foot distribution center in Lewis County, Wash., from O'Keefe Development for $195 million, the Puget Sound Business Journal reported, citing public records.
The property at the port of Centralia is leased by United Natural Foods in a 20-year contract with options signed in 2018, the publication noted, citing O'Keefe Chairman and CEO Tom O'Keefe.
Exeter officials were not immediately available to respond to a request for comment, according to the report.