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BrightSpire to sell two grocery distribution centers for $300 million

Deal covers 2.8 million square feet in California, Arizona
Albertsons has leased 400 S. 99th Ave. in Tolleson, Arizona, since its construction in 1993. (CoStar)
Albertsons has leased 400 S. 99th Ave. in Tolleson, Arizona, since its construction in 1993. (CoStar)

BrightSpire Capital is selling off a pair of large industrial properties as it pivots from owning real estate and toward originating loans.

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