Cushman & Wakefield Arranges Industrial Sale of 2.8 MSF South Atlanta Core-Plus Bulk Portfolio
Wednesday, November 9th, 2022
Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of the South Atlanta Core-Plus Bulk Portfolio, a premier collection of four Class A distribution facilities totaling 2,871,900 square feet in Atlanta’s Interstate 75 South corridor.
Cushman & Wakefield’s Stewart Calhoun, Casey Masters, and Ryan Bellows represented an undisclosed seller in the transaction. Rob Rubano and Brian Share of Cushman & Wakefield are securing acquisition financing on behalf of the buyer, AEW Capital Management & Growth Capital Partners.
The South Atlanta Core-Plus Bulk Portfolio includes:
Two buildings totaling 1,504,800-square-feet at 195 King Mill Rd. in the McDonough submarket
One 867,140-square-foot building at 150 Greenwood Industrial Pkwy in the McDonough submarket
One 499,960-square-foot building at 9250 South Main St. in the Jonesboro submarket
Currently, the portfolio offering is fully leased to a highly committed and diverse mix of four tenants who benefit from exceptional access to Atlanta’s major transportation thoroughfares, Hartsfield-Jackson Atlanta International Airport, and metropolitan Atlanta’s rapidly expanding population of over 6 million residents.