Cases and Deals

Blank Rome Represents DRA Advisors LLC in $1.07B Acquisition of Portfolio of 184 Industrial Buildings from Cabot Properties, Inc.

Blank Rome successfully represented DRA Advisors LLC in its $1.07B acquisition of a 19.75M-square-foot portfolio of 184 industrial buildings located in 21 markets across the country from Boston-based private equity firm Cabot Properties, Inc. This transaction brings DRA’s industrial footprint to over 45 million square feet nationally, further reinforcing DRA as a major player in the industrial space. Our corporate and tax groups assisted with the upper tier REIT structuring in what was the largest U.S. real estate portfolio deal during the first two months of 2017.