CenterSquare Announces Sale of Last-Mile Industrial Property – 209 Commerce Center

September 2021

In March 2019, CenterSquare Value-Added Fund IV and its joint venture partner, affiliates of Endurance Real Estate Group, acquired 209 Commerce Center, a “shovel-ready”, infill, last-mile industrial development site within the Philadelphia market. The property was acquired off-market via a contract assumption from a local engineer whose build-to-suit plans had not materialized.