TRANSWESTERN INVESTMENT GROUP AND JDM PARTNERS CLOSE 2 MILLION SF SALE-LEASEBACK WITH STATE FARM IN TEMPE

TEMPE, ARIZ., Dec. 07, 2017 (GLOBE NEWSWIRE) — Transwestern Investment Group (TIG®) today announces Corporate Properties Trust III LP, a partnership between TIG and JDM Partners LLC, has closed on the acquisition of a 2 million-square-foot Tempe property in a sale-leaseback with State Farm Automobile Insurance Co. This transaction resembles the acquisition of the 2.2 million-square-foot State Farm campus in Dallas’ CityLine project last fall and the 591,000-square-foot State Farm campus in Atlanta this summer.Attachments:A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a6311000-a024-4647-bfcb-1ad1fd7d63fdStefanie Lewis
Transwestern
713.272.1266
stefanie.lewis@transwestern.com