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CushWake Arranges $396M Sale of 5-Park Georgia
Cushman & Wakefield has arranged the $395.5 million sale of the McDonald Southeast U.S. Industrial Portfolio, a collection of 14 buildings spanning across five master-planned industrial parks created by developer McDonald Development.
Totaling 2.7 million square feet, the portfolio offering consists primarily of multi-tenant buildings occupied by 38 committed tenants. Each of the buildings has market-leading specifications and a premier infill location.
The McDonald Southeast U.S. Industrial Portfolio includes:
- Five buildings totaling 1,100,000 SF in the Westlake industrial park in Atlanta’s I-20 West submarket
- One building totaling 210,000 SF in the Southmeadow industrial park in Atlanta’s I-20 West submarket
- Two buildings totaling 490,000 SF in the Southpark industrial park in Atlanta’s Airport South submarket
- Four buildings totaling 310,000 SF in the Windward Ridge industrial park in Atlanta’s Georgia 400 submarket
- Two buildings totaling 520,000 SF in the Georgia Commerce Center industrial park adjacent to the Port of Savannah
Cushman & Wakefield’s Stewart Calhoun and Casey Masters represented the seller, McDonald Development, in the transaction. The buyer was not disclosed.
- ◦Sale/Acquisition
