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Founded in 1993 as American Real Estate Investment Corp., Keystone Property Trust (NYSE: KTR) was a leading industrial real estate investment trust (REIT).1
- Created in 1997 through a strategic transaction and leveraged merger
- Later sold in August 2004 to industrial REIT ProLogis in a 33 million sq. ft., $1.7 billion cash transaction
Black Creek Group principals founded American Real Estate Investment Company, and led the company through an initial public offering in 1993, serving on its executive team through 1997.
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