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Creekside Distribution Center is a Class A, 538,500 SF multi-tenant warehouse in Atlanta, GA. The property includes a highly functional front park/rear load design and the unique opportunity for trailer parking and additional car parking. Located in the Airport / North Clayton industrial submarket, the property is the only institutional-quality 50,000+ SF distribution center built after 2000 to be located within 5 miles of Atlanta’s center and the only 300,000+ SF industrial asset constructed inside the I-285 ‘perimeter’ since 2003.

The infill, “last mile” location is proximate to Atlanta’s urban core, international airport, suburbs, and significant neighboring projects. The business plan calls for increasing the NOI through vacancy lease-up and increasing rents to market rates as leases expire. The property was 58 percent leased to two multinational corporations at acquisition.

Creekside Distribution Center

Atlanta, GA

Industrial | Unrealized

Asset Summary

Acquisition Date:
Q2 2020
Size:
538,500 SQ FT
Property Type:
Industrial
Deal Profile:
Fund III, Acquisition
Investment Profile:
Value-Add
Deal Source:
On Market