INDUSTRIAL INCOME TRUST PURCHASES PROPERTY FOR $8.1M

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CARLISLE, PA. — Industrial Income Trust has purchased a 201,000-square-foot industrial building, located at 1627 Ritner Hwy. in Carlisle, for $8 million from a family trust. The property is fully leased to Andersen Logistics. Gerry Blinebury, Pat McBride and Leah Balerno of Cushman & Wakefield's Philadelphia office were the sole brokers of the transaction. David Fazekas of Industrial Income Trust's East Rutherford, N.J., office sourced the transaction.

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