THREE-BUILDING INDUSTRIAL PORTFOLIO SELLS FOR $20.7 MILLION

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RENO, NEV. — Chesapeake Real Estate Investors, a fund managed by Legg Mason, has acquired Brookside Corporate Center, a 261,296-square-foot industrial complex located in Reno. Scannell Properties sold the three-building portfolio for $20.7 million. At the time of acquisition, the newly constructed property was 43 percent occupied. Aiman Noursoultanova of CB Richard Ellis represented the seller in the transaction.

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