Summit Real Estate Group has acquired a 230,586-square-foot five-property industrial portfolio in St. Petersburg, Fla. Farallon Capital Management LLC sold the facilities for a total of $17.4 million. JLL arranged the sale on behalf of the seller.
Three of the properties are situated within the Westbay Corporate Center at 9400-9700 International Court N. and the other two are located at 9700 16th St. N. and 9843 18th St. N. in the Metropointe Commerce Center.