Royal Woods was part of a 631,200 SF, eight building, multi-tenant portfolio aggregated over a three-year period. Located in Atlanta, Georgia, Royal Woods consisted of four buildings totaling 304,000 SF. The average occupancy was 59 percent at acquisition. Repositioning involved substantial interior and exterior upgrades and leasing effort. The portfolio was packaged and sold in Q4 2018, at 94 percent occupancy.
Location
Royal Woods
Atlanta, GA
Industrial | Realized
Asset Summary
- Acquisition Date:
- Q1 2017
- Size:
- 304,000 SQ FT
- Property Type:
- Industrial
- Deal Profile:
- Fund II, Acquisition
- Investment Profile:
- Value-Add
- Deal Source:
- On Market