LaSalle Investment Management said Nov. 1 that it has completed the acquisition of cold storage facility Logiport West Anseong in South Korea, with the value of the deal undisclosed.
LaSalle added the facility, located some 70 kilometers from Seoul in Anseong, Gyeonggi Province, is fully leased for tenants.
This is LaSalle‘s first investment in a Korean temperature-controlled logistics storage facility, its representatives said.