A major industrial property in North Alabama has changed hands, emphasizing continued investment in the Huntsville-area logistics corridor.
According to commercial real estate data firm CoStar, Cleveland, Ohio-based Weston has acquired the River & Rocket Commerce Center, a Class A industrial distribution facility in Tanner, for approximately $29.25 million.
The property totals roughly 305,491 square feet and is configured as a three-tenant facility. The seller was Graham Capital…