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Crow Holdings sells Bloomington, Calif., industrial building for $101M

Developer Crow Holdings Industrial sold the 677,383-square-foot Bloomington Logistics Center in California for $100.5 million.

ASB Real Estate Investments acquired the fully leased crossdock warehouse/distribution facility, which sits on 34.54 acres at 11260 Cedar Ave. and is triple-net leased to Newgistics Inc., the e-commerce unit of Pitney Bowes Inc.