trending Market Intelligence /marketintelligence/en/news-insights/trending/lb_jlfyleoizpv2fzinmnw2 content esgSubNav
In This List

Granite REIT wraps up US$233M Columbus, Ohio, portfolio buy

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Granite REIT wraps up US$233M Columbus, Ohio, portfolio buy

Canada's Granite REIT wrapped up its US$232.5 million purchase of a 3.8 million-square-foot portfolio of four warehouse and logistics properties near Columbus, Ohio.

The seller of the portfolio was earlier identified as industrial real estate investment trust Duke Realty Corp.

Granite said it will spend an additional US$18.8 million to expedite a planned expansion of roughly 300,000 square feet that would lift the overall portfolio weighted average lease term to 7.6 years.