Iowa firm acquires two buildings in 76 Commerce Center for $85.2M

BRIGHTON — Iowa-based firm Principal Real Estate Investors has purchased two Class-A industrial buildings in the nascent 76 Commerce Center for a total of $85.2 million, according to Adams County property records. 

The buildings, which are located at 22600 and 22700 E. I-76 Frontage Road, total 618,480 square feet. They were completed in 2018 and 2020. The buildings are the first to be completed in the 76 Commerce Center, a 155-acre project that at buildout will feature four buildings totaling more than 1.7 million square feet. The buildings have Class A features throughout, in addition to fenced outside storage, trailer parking…