The property was acquired on behalf of the company’s Sterling Consumer Logistics Properties I, LP (“SCLP I”), a $225 million equity Fund which seeks to acquire primarily vacant, freestanding retail buildings with the intent to redevelop them into Neighborhood Fulfillment Centers.
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Softeon has been recognized as a Visionary in the Gartner Magic Quadrant for Warehouse Management Systems for the 14th consecutive time, which in our view is reflective of our strong execution and comprehensive strategic vision.
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