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Atlanta & Southeast  + Industrial  |  August 12, 2020
David Cohen
By: David Cohen

JLL Arranges $44M Sale of Distribution Center in Northeast Georgia

JLL has brokered the $43.9 million sale of an 811,000-square-foot distribution center leased to Bed Bath & Beyond in the northeast Georgia community of Pendergrass.

Located at 860 John B. Brooks Rd., the distribution center is situated on 62 acres along Interstate 85. The property features tilt-up construction, 32-foot clear heights and a cross-dock configuration. It is a mission-critical distribution hub for Bed Bath & Beyond.

Alex Sharrin, Britton Burdette, Brian Shanfeld, Matt Wirth and Dennis Mitchell of JLL represented the seller, Oak Street Real Estate Capital, in the transaction. The buyer was an unnamed institutional investment group.

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.
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