 NEW YORK, Oct. 18, 2021 GLOBE NEWSWIRE -- INDUS Realty Trust, Inc. Nasdaq: INDT INDUS, a U.S. based industriallogistics REIT, announced today that it has completed the acquisition of a fully leased, approximately 128,000 square foot industriallogistics building in Charlotte, North Carolina the Charlotte Acquisition. The Charlotte Acquisition is well-located in one of Charlottes premier submarkets that has significant barriers to entry for new supply. The Company used cash on hand to pay the 14.6 million purchase price, which equates to an in-place cash capitalization rate of approximately 4.6. 