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Morgan Stanley Unit Buys Virginia Industrial Facility for $172.1 Million

Original: Morgan Stanley Investment Management Acquires Virginia Industrial Facility for $172.1 Million

Morgan Stanley Investment Management has acquired an industrial facility in Virginia for $172.1 million. The purchase adds to the firm's real estate portfolio and reflects continued investor appetite for logistics and industrial properties. Details on the specific tenant or location within Virginia were not disclosed in the initial report.

Why now: Investors are tracking institutional activity in the industrial real estate market as demand for logistics space remains strong.

Morgan Stanley Investment ManagementVirginia

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