November 21, 2017 / 5:51 PM / in 24 days

BRIEF-WPT Industrial REIT to acquire distribution property in Nevada

Nov 21 (Reuters) - Wpt Industrial Real Estate Investment Trust:

* WPT Industrial REIT announces agreement to acquire distribution property in Reno, Nevada

* Says ‍expects acquisition to be immediately accretive to REIT’s AFFO per unit​

* Says ‍property is under contract for $6.4 million, representing a going-in capitalization rate of 7.2%​ Source text for Eikon: Further company coverage:

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