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Stockbridge Capital Spins Off $40M Atlanta-Area Distribution Center
Stockbridge Capital Group originally paid $31.8 million for the BlueLinx Atlanta IOS in 2021. CommercialEdge data reports Prudential Financial provided a $19 million acquisition loan at the time.
The facility is near Route 29, providing access to Interstate 85. BlueLinx is located at 200 Hosea Road in Gwinnett County, roughly 34 miles from downtown Atlanta.
Completed in 1996, the BlueLinx property is 64.7 acres and encompasses around 55 usable acres and approximately 4.5 additional ones, which can be used for potential future expansion. The single-story building on the site features 28-foot clear heights, insulated ceilings, active CSX rail spur, eight dock-high doors, 42 grade-level drive-in bays, climate control, a fully paved yard, ample storage sheds and approximately 200 parking spaces.
A JLL Capital Markets Investment Sales and Advisory team led by Dennis Mitchcell arranged the deal.
