Nearctic is pleased to announce the disposition of its JD and Mayfield, multi tenant industrial properties. Nearctic owned and managed these assets for a number of years. JD and Mayfield served NDC well and will continue to provide outstanding returns to the new owner.
The disposition is part of a long term strategy for Nearctic Development Group to repatriate its investment capital from existing assets, to focus and reinvest in developing new A class, multi tenant industrial properties, and to providing portfolio growth opportunities for Nearctic Industrial REIT under its Strategic Alliance Agreement.
