BRIEF-Agellan Commercial REIT announces the acquisition of an industrial distribution facility

Tue Sep 6, 2016 1:05pm EDT
 
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Sept 6 (Reuters) - Agellan Commercial Real Investment Trust

* Agellan Commercial Real Estate Investment Trust announces the acquisition of an industrial distribution facility in Sarasota, Florida

* Deal for US$52.5 million

* Says expects to finance acquisition with proceeds from its recently completed public unit offering Source text for Eikon: Further company coverage: