The acquisition of this asset included the simultaneous execution of a purchase, negotiation of a new 20-year lease with ACFS Port Logistics and pre-agreement over a proposed 20,000 sqm expansion of the intermodal facility. This process showcased a high level of creativity and execution, hallmarks of the Cadence integrated business model. The transaction welcomes PGIM Real Estate as a new strategic partner with an asset which provides a strong foundation for future value creation.