Stockbridge Acquires More than $120 Million in the Third Quarter

by / Wednesday, 23 October 2013 / Published in Uncategorized

October 1, 2013 – Stockbridge remained an active buyer in the third quarter of 2013, acquiring four new investments for a collective gross purchase price of $123 million. The purchases include a 344-unit multifamily property in Chicago, a 127,559-square foot industrial property in the Inland Empire of California, a 225,757-square foot office building in Fort Lauderdale (pictured inset) and 12.4 acres of ground-leased land in San Diego. The firm’s third quarter acquisitions follow an active second quarter in which Stockbridge acquired four properties totaling $157 million.