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KKR Acquires 1M-SF Industrial Facility in Metro Atlanta

JLL has brokered the sale of a 1,002,150-square-foot warehouse at The Cubes at Bridgeport industrial park in Metro Atlanta’s Coweta County. The buyer, KKR, acquired the facility for an undisclosed price.

The 1,002,150-square-foot facility, which was developed on a speculative basis, is located at 280 Bridgeport Parkway in Newnan. The building’s shell was completed in November 2019 and features 40-foot clear heights, 620-feet deep cross loading, 50-foot by 57-foot column spacing and 60-foot speed bays. The facility, which is fully leased, is the first completed development at the 500-acre mega site.

John Huguenard, Britton Burdette, Matt Wirth and Dennis Mitchell of JLL represented the seller in the transaction, CRG, the real estate development and investment arm of Chicago-based Clayco. The warehouse development was a joint venture partnership between CRG, U.S Logistics Fund 1 and Pope & Land.

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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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