Cases and Deals
Deal

DRA Advisors LLC Acquires Industrial RE Portfolio for $600M

Blank Rome represented DRA Advisors LLC in a joint acquisition with Westcore Properties Inc. of an 11.1 million-square-foot industrial property portfolio for $600 million from JB Properties Co. The deal is considered one of the biggest transactions for the U.S. industrial market in 2012, according to Jones Lang Lasalle. Under the terms of the transaction, DRA and Westcore acquired 110 facilities in Sacramento, California, St. Louis and Indianapolis. The transaction closed in December 2012. For more information, click here.

real estate