CB Richard Ellis Realty Trust of Princeton, N.J. has purchased a 238,370-square-foot, newly completed Class A warehouse/distribution building in Bellingham.

The property is fully leased to Best Buy Stores on a long-term lease.

The distribution center, located at 140 Depot St., is expandable and features pre-cast concrete construction, cross-docking, a 36-foot clear height, ESFR sprinklers and excess trailer parking, according to a statement from the trust.

The sales price was not disclosed.