Feb 22 (Reuters) - Pure Industrial Real Estate Trust AAR_u.TO
* Pure Industrial Real Estate Trust announces core Houston acquisition and a $150 million unsecured credit facility
* Pure Industrial Real Estate Trust - deal for $83.2 million
* Pure Industrial Real Estate Trust - assets are expected to be financed with a new mortgage following closing for approximately 50% of purchase price
* Pure Industrial Real Estate Trust - trust will acquire Houston acquisition using cash on hand and its existing operating line
* Pure Industrial Real Estate Trust - deal immediately accretive to adjusted funds from operations
* Pure Industrial Real Estate Trust - new $150 million facility will replace trust's current $110 million secured credit facility and have a three-year term
* Pure Industrial Real Estate Trust - will have option to increase new facility up to an additional $100 million for a total facility limit of $250 million Source text for Eikon: Further company coverage: AAR_u.TO