AFIAA ACQUIRES TWO INDUSTRIAL PROPERTIES FOR $72 MILLION

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GROVEPORT, OHIO, AND CHICAGO — AFIAA has acquired two industrial properties for a total of $72 million. In Groveport, the company purchased a 1.2 million-square-foot distribution center, located at 2829 Rohr Rd., for approximately $51 million. In Chicago, AFIAA purchased a 500,000-square-foot commercial building, located at 2700 N. Elston Ave., for approximately $21 million. Both properties are fully leased. The sellers in both transactions were undisclosed.

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