Cushman & Wakefield Arranges $395.5M Southeast Industrial Sale in Atlanta and Savannah

Tuesday, January 4th, 2022

Cushman & Wakefield announced today that the commercial real estate services firm has arranged the $395.5 million sale of the McDonald Southeast U.S. Industrial Portfolio, a collection of 14 buildings spanning across five master-planned industrial parks created by renowned developer McDonald Development.

Cushman & Wakefield’s Stewart Calhoun and Casey Masters represented the seller, McDonald Development, in the transaction.

The McDonald Southeast U.S. Industrial Portfolio includes:

  • Five buildings totaling 1,100,000 SF in the Westlake industrial park in Atlanta’s I-20 West submarket

  • One building totaling 210,000 SF in the Southmeadow industrial park in Atlanta’s I-20 West submarket

  • Two buildings totaling 490,000 SF in the Southpark industrial park in Atlanta’s Airport South submarket

  • Four buildings totaling 310,000 SF in the Windward Ridge industrial park in Atlanta’s Georgia 400 submarket

  • Two buildings totaling 520,000 SF in the Georgia Commerce Center industrial park adjacent to the Port of Savannah

Totaling 2.7 million square feet, this portfolio offering consists primarily of multi-tenant buildings occupied by 38 committed tenants. Each of the buildings has market-leading specifications and a premier infill location.