In 2022, Columbia Net Lease Ventures made sufficient progress in expanding its industrial and logistics facility portfolio.
By the end of the year, CNLV had acquired multiple new properties in this space, including three Federal Express locations in Virginia, Texas, and Nebraska totaling 470,136 square feet, two Amazon facilities in Texas and New York at a combined 172,728 square feet, a 198,900 square foot Frito Lay facility in Ohio, and a 72,800 square-foot Pepsi distribution center in Oklahoma.
The total industrial portion of the portfolio now exceeds 2,000,000 square feet.