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Southside Industrial Building Exterior

Southside Distribution Center is a part of an eight-building, 631,200 SF, multi-tenant portfolio which was aggregated over a three-year period.  Southside is located in Atlanta, Georgia. 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

Southside Distribution Center

Atlanta, GA

Industrial | Realized

Asset Summary

Acquisition Date:
Q4 2012
Size:
191,200 SQ FT
Property Type:
Industrial
Deal Profile:
Fund II, Acquisition
Investment Profile:
Value-Add
Deal Source:
On Market