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Atlanta Property Group Acquires Marietta Industrial
Atlanta Property Group has purchased 1900 West Oak, a 50,000-square-foot industrial building in Marietta, GA.
Located at 1900 West Oak Circle, the building is well-positioned in the highly Marietta submarket, two miles from I-75. 1900 West Oak is located within Atlanta’sNorthwest submarket, which is one of the strongest performing in the region. Originally developed in 1990, 1900 West Oak features 12 dock-high doors and 20’ clear heights. The building is currently 50-percent leased.
“Marietta is a strategic, infill submarket with an attractive growth trajectory,” said Smith Haverty, partner at APG. “As we continue to grow our portfolio, this acquisition reinforces our commitment to acquire properties in fast-growing regions in the southeast.”
“We have ample capital available to continue to invest in high-quality, well located distribution properties in submarkets across the southeast where we believe demand will outpace supply,” said Shep Dinos, managing partner at APG.
- ◦Sale/Acquisition