Parkit Enterprise buys Expresso Airport Parking for $18.6 mln

Parkit Enterprise, a private equity real estate firm based in Vancouver, has acquired Expresso Airport Parking for US$18.6 million. Expresso is a 14-acre off-airport parking facility located in San Leandro, California servicing the Oakland International Airport. Parkit said that the Expresso transaction represents the first acquisition by platform company Parking Real Estate LLC.

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