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Carboline Distribution Center
Acquired in 2021, the Carboline Distribution Center is a build-to-suit industrial facility located in Lake Charles, Louisiana. The asset totals 100,035 SF and is 100% NN leased to Carboline, a wholly owned subsidiary of RPM International Inc. (S&P: BBB- / Moody’s: Baa3). Carboline is the #1 distributor of corrosion control and fireproofing coatings in the U.S. The asset is ideally situated two miles from Carboline’s manufacturing facility and features 10
