Norges Bank invests $1.1B for a stake in 40 SoCal warehouses

A Norwegian Bank has bought a stake in 40 logistics warehouses across Los Angeles County, Orange County and the Inland Empire. Norges Bank Investment Management, a sovereign wealth fund for Norway’s government pensioners, paid $1.07 billion for a 45 percent stake in 48 warehouses from Southern California to New Jersey and Pennsylvania, the Commercial Observer […]This article originally appeared on The Real Deal. Click here to read the full story.