Deutsche Bank to sell Maher Terminals facility
Deutsche Bank has agreed to sell Maher Terminals, LLC, a 454-acre container terminal in Port Elizabeth, New Jersey, to Macquarie Infrastructure Partners III (MIP III).
MIP III, a fund managed by Macquarie Infrastructure and Real Assets (MIRA), will acquire 100% of the facility under the transaction.
Maher Terminals in New Jersey, which was acquired by Deutsche Bank in 2007, handles more than 2m teu annually.
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