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Clarion's call.


SUMNER, WA: ING Clarion has acquired Sumner Central, a new industrial distribution center in Sumner, Washington Sumner is a city in Pierce County, Washington, in the United States. As of the 2000 census, the city population was 8,504. History
Sumner was named after Senator Charles Sumner (6 January 1811 – 11 March 1874), and officially incorporated on February 7, 1891.
, in a $22.3 million off-market sale made on behalf of an open-end fund Open-End Fund

A mutual fund that continues to sell shares to investors, and will buy back shares when investors wish to sell.

Notes:
Open-end funds have no limit to the number of shares they can issue. The majority of mutual funds are open end.
.

ING Clarion's holdings in this region now total approximately 2 million square feet.

ING Clarion will oversee the marketing of the property with CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  acting as the broker.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:ING Clarion Capital acquires Sumner Central distribution center
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1U9WA
Date:Aug 16, 2006
Words:60
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