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A&B PROPERTIES ACQUIRES 790,370-SQUARE-FOOT WAREHOUSE

VISALIA, CALIF. — Honolulu-based A&B Properties, the real estate subsidiary of Alexander & Baldwin, has acquired Midstate 99 Warehouse Portfolio, a 790,370-square-foot warehouse facility located in Visalia, for an undisclosed price. The four-building property is currently 94 percent leased to a mix of retail and wholesale tenants. The property is located within a 480-acre master-planned logistics park.

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