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Chicago & Midwest  + Midwest  + Industrial  | 

Livingston Street Trades Net Leased Industrial to Bridge Investment

Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has sold a 393,817-square-foot industrial property in Columbus, IN, to Bridge Investment Group for $55.3 million. The asset is net leased to Faurecia Emissions Control Technologies, USA, part of the Faurecia Clean Mobility Group. 

Livingston Street acquired the property in November 2018. Since then, appetite for quality industrial product throughout the U.S. has grown significantly among a cross section of investors, presenting an opportune time to capitalize on this investment, according to Peter Scola, president and co-CEO. 

“We’ve positioned ourselves to be nimble in order to adjust to an optimal strategy, both from an overall organizational standpoint and in our ability to react quickly to acquisition and disposition opportunities,” said Scola. 

The JLL Capital Markets team representing Livingston Street was led by Jason DeWitt, Brian Shanfeld, Ed Halaburt, Nick Franklin, and Steve Okon. 


Inside The Story

Livingston Street

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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