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Covington Group Acquires Portfolio Of 7 Buildings At Southern California Logistics Centre In The Inland Empire North

Oct 27, 2021•almost 4 years ago

Acquiring Company

Covington Group

Acquired Company

BUILDINGS

Description

An affiliate of Covington Group, Inc., a privately-held commercial real estate company focused on industrial investment and development in select U.S. markets, along with an institutional capital partner, recently acquired seven buildings totaling nearly 3.4 million square feet of space at Southern California Logistics Centre ("SCLC"), located in the Inland Empire North submarket.

Company Information

Company

Covington Group

About

Covington Group, based in Dallas, TX, is an entrepreneurial real estate investment and development firm that specializes in value-add light industrial, warehouse, and bulk-distribution investments across the United States. Active in the Inland Empire North submarket for over 15 years, Covington focuses on the development and entitlement of land and state of the art, big box industrial buildings as well as the acquisition of corporate dispositions, REOs, and other types of vacant or distressed industrial properties with the goal of recycling and re-tenanting the asset. Covington owns and manages approximately 9 million square feet in various markets around the country and has constructed or redeveloped over 35 million square feet of commercial and industrial space in its 40-year history. SOURCE Covington Group, Inc.

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