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Peachtree Nortech is a five building, multi-tenant warehouse portfolio representing 216,426 SF. Located in Atlanta, Georgia, the average occupancy was 87 percent leased at acquisition in Q3 2019. The buildings are in a business park setting and have rear load configurations. The assets had been under-managed in the marketplace. Repositioning involved reducing the percentage of office space in vacant and soon-to-be-vacant office suites, replacing nontraditional office warehouse tenants, upgrading the curb appeal, making needed capital improvements, and increasing rents to market rents as leases expire.


Peachtree Nortech

Atlanta, GA

Industrial | Realized

Asset Summary

Acquisition Date:
Q3 2019
216,416 SQ FT
Property Type:
Deal Profile:
Fund III, Acquisition
Investment Profile:
Deal Source:
Off Market