Transwestern Investment Group Sells 500K-SF Warehouse in St. Louis

News Transwestern Investment Group sold 28 Gateway Commerce Center, a 500,000-square-foot, Class A cross-dock warehouse in Edwardsville, Illinois o...

December 9, 2022
7:54 AM

News Transwestern Investment Group sold 28 Gateway Commerce Center, a 500,000-square-foot, Class A cross-dock warehouse in Edwardsville, Illinois on behalf of its discretionary investment fund, Transwestern Strategic Partners Fund II. The property was fully leased to Walgreens.com, Inc. at the time of sale. TIG acquired the property in 2017 as a part of a 2.5-million-square-foot industrial portfolio, marking the first investment by TSP Fund II. With the completion of this transaction, the portfolio is now fully liquidated.

David Hoffman