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JLL Capital Markets Completes Sale of Five-Property Deal
JLL Capital Markets has closed the $50 million sale of the I-20 West portfolio in Atlanta, an infill industrial portfolio consisting of five properties totaling 581,750 square feet and a drop lot utilized for trailer storage.
JLL represented the seller, Everwest Real Estate Investors, LLC. and procured the buyer, Taurus Investment Holdings, LLC. The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Matt Wirth, Dennis Mitchell and Britton Burdette.
The properties are located in the I-20 West corridor at 1520 and 1650 Westfork, 6070 Fulton Ind. Blvd. and 6140 and 6200 Purdue in Southwest Atlanta. The sale included trailer storage at 6100 Purdue, spanning 4.62 acres with 87 spaces.
Key features of the properties, which are 100 percent occupied, include clear heights ranging from 18 to 24 feet, with rear-load, cross-dock and front-load capabilities, 138 dock-high doors and 11 drive-in doors.