US Industrial REIT II recently purchased JoAnn Stores Inc.’s West Coast Distribution Center in Visalia, Calif., for an undisclosed price.
GE Commercial Finance Business Property Corp. sold the property, a 635,281-square-foot industrial-distribution building located in the Visalia Industrial Park.
This facility distributes fabric and decorating products to more than 300 Jo-Ann stores west of the Mississippi River, according to a press statement.