A partnership between CT Realty and Diamond Realty Investments sold the NorCal Logistics Center in California for $105 million, IPE Real Assets reported, citing undisclosed sources.

The buyer of the newly built, single-tenant property, which totals approximately 1.1 million square feet, was Bentall Kennedy, which made the acquisition through its core U.S. fund, the publication added.

IPE Real Assets could not obtain a comment on the matter from broker CBRE.

Diamond Realty Investments is a subsidiary of Japanese trading giant Mitsubishi Corp.