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Town Lane has acquired a majority stake in a 55-asset portfolio encompassing 2.7 million square feet of shallow bay industrial space—it paid $261 million, public records show. A joint venture of Corebridge Real Estate and Equus Capital Partners sold the Raleigh-Durham, N.C., properties. The former divested its ownership, while the latter retained a minority stake. KKR issued a $407.6 million acquisition loan for the transaction, the same source reveals.