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Prologis has recently closed two deals, a purchase and a sale, worth $229.8 million, according to CommercialEdge data.

The acquisition involved a 600,000-square-foot industrial asset in South Brunswick, N.J., the same source shows. ARC Realty sold the warehouse for $166.8 million.

A $50 million loan issued by Principal Financial Group in 2020 encumbers the property. The note is due to mature in 2030.