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Industrial Developer Overton Moore Raises $150 Million for California Investments

Firm Sees Existing Properties More Attractive Than Building New
Overton Moore Properties acquired 19949 Kendall Drive in San Bernardino, California, this month. (CoStar)
Overton Moore Properties acquired 19949 Kendall Drive in San Bernardino, California, this month. (CoStar)

Overton Moore Properties, a developer and operator of logistics properties in the western United States, raised $150 million of equity capital to acquire existing industrial buildings in core markets throughout California.

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