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Mountain Industrial

Mountain Industrial is a part of the eight building, 631,200 SF multi-tenant portfolio was aggregated over a three-year period. The average occupancy was 90 percent at acquisition. Repositioning of each property involved substantial interior and exterior upgrades and leasing effort. One of the assets (Westridge) was rehabbed, leased and sold in Q2 of 2018 and the balance of the portfolio (631,200 SF) was packaged and sold in Q4 of 2018, at 94 percent occupancy.

Location

Mountain Industrial

Atlanta, GA

Industrial | Realized

Asset Summary

Acquisition Date:
Q4 2016
Size:
56,237 SQ FT
Property Type:
Industrial
Deal Profile:
Fund II, Acquisition
Investment Profile:
Value-Add
Deal Source:
Off Market