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Atlanta & Southeast  + Industrial  | 

CushWake Brokers $127M Sale of Metro Atlanta Industrial Park

Cushman & Wakefield has brokered the $126.6 million sale of Gwinnett Commons, a 1.2 million-square-foot light industrial park in Atlanta’s I-85 Northeast corridor.

The 16-building, master-planned park also includes two infill development sites that are zoned M-1, ideal for modern warehouse development, which can support a total of 195,000 square feet. Gwinnett Commons is located eight miles from Interstate 285 and sits between three major Interstate 85 interchanges – Beaver Ruin Road, Steve Reynolds Boulevard and Pleasant Hill Road. At the time of sale, the 16 buildings are 97% leased.

Stewart Calhoun and Casey Masters of Cushman & Wakefield represented the seller, a partnership between affiliates of Westmount Realty Capital and Quilvest Capital Partners, in the transaction. Additionally, Brian Linnihan and Mike Ryan of Cushman & Wakefield secured acquisition financing on behalf of the buyer, CIP Real Estate.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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