Aurora Industrial Acquires 2.9 Million Square Foot Portfolio in Cleveland From Premier Development Partners
Aurora Industrial, LLC ("Aurora") announced that it closed on a 15-asset industrial portfolio, comprised of approximately 2.9 million square feet, in Cleveland, Ohio. The seller of the Cleveland portfolio was Premier Development Partners, one of the leading development firms in Cleveland ("Premier"). The seller was advised by CBRE National Partners in the disposition of the Cleveland portfolio.
The Cleveland portfolio was acquired and/or developed by Premier over the past 15 years and is comprised of a diverse mix of tenants in industries ranging from home furnishings to logistics.
Mukang Cho, CEO of Aurora, commented, "Premier has assembled a portfolio of exceptionally well-located, func