Southside Distribution Center was part of a 631,200 SF, eight building, multi-tenant portfolio aggregated over a three-year period. Located in Atlanta, Georgia, Southside consisted of two buildings totaling 191,200 SF. The average occupancy was 90 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.
Southside Distribution Center
Industrial | Realized
Atlanta, GA
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 |
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