Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Atlanta Metro  + Industrial  | 
2124 Skyview Drive

CenterPoint Acquires 395K-SF Atlanta-Area Warehouse

IDI Logistics has offloaded a 395,000-square-foot industrial venture in Lithia Springs, Ga. CenterPoint Properties paid $51.6 million for the single-building facility.

CBRE’s Frank Fallon and George Fallon brokered the sale. The property was fully occupied by a logistics provider at the time of the transaction.

Completed in 2002, the Class A building sits on 34 acres at 2124 Skyview Drive. The facility is close to Interstate 20. Downtown Atlanta is 15 miles away, while the city’s international airport is within 21 miles

The building features 32-foot clear heights, 47 dock doors with room to add 31 and three drive-in doors. Additionally, the property has 243 vehicle parking spaces, expandable to 274, and 53 trailer parking spots.

Commercial Edge reports that CenterPoint recently purchased a 347,013-square-foot facility in Powder Springs, Ga. The property, located at 4795 Innovative Way, is within the same submarket and was sold in an off-market deal brokered by CBRE.

Connect

Inside The Story

IDI Logistics

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition