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Pure Industrial Real Estate Sells U.S. Assets to WPT

04.07.20

Simpson Thacher represented Pure Industrial Real Estate (“PIRET”) in connection with the sale of PIRET’s U.S. assets to WPT Industrial REIT (“WPT”) for $730 million. The sale consisted of 26 distribution and logistics properties and one land parcel. 

The Simpson Thacher team included Davis Coen, Sas Mehrara and Kathryn Christoforatos (Real Estate); Nancy Mehlman and Sophie Staples (Tax); and Parker Kelsey and Audra Cohen (Private Funds).