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Pacific National's St Mary's Intermodal Terminal acquired - Trailer Magazine
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Pacific National's St Mary's Intermodal Terminal acquired - Trailer Magazine
Image: Cadence Property Group.Cadence Property Group and PGIM Real Estate have purchased Pacific National’s St Mary’s Intermodal Terminal for $145 million. Following the transfer of ownership, ACFS Port Logistics’ lease on the property has also been renewed for the next 20 years. The freight and logistics asset was built by Pacific National in 2020, with operations opening for the rail freight transporter in late 2021. Located approximately 47 k…
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