Connect News Commercial Real Estate news for every market and every facet, every day.
Connect Events Live and virtual events bringing together the best of information and networking.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Connect CREative A full service marketing and PR agency.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
New call-to-action
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course

Classroom Links

Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast  + Industrial  |  October 21, 2020
By: David Cohen

Lee & Associates Arranges Sale of 85K-SF Industrial Facility in Atlanta

Lee & Associates has represented Stonelake Capital Partners in the acquisition of 307 Fulton Industrial Circle, an 84,862-square-foot industrial warehouse in Atlanta’s Fulton Industrial corridor. The sales price and seller were undisclosed.

The facility is nearby I-20 West, Charlie Brown Airport, Hartsfield Jackson International Airport, a new UPS facility and a new Amazon fulfillment facility as well as a number of other national manufacturers and distributors. The acquisition represents one of the Texas-based investment firm’s first investments outside of Texas in 13 years. Since the acquisition, Stonelake has grown their Atlanta portfolio to 1.3 million square feet with plans to continue to target the Atlanta market over the next 18-months.

Mike Sutter and Connor Winkler of Lee & Associates represented Stonelake Capital in the acquisition. Additionally, The Lee & Associates team structured a 1-year leaseback with the current occupant, Wilheit Packaging, allowing them to operate their business without any relocation disruptions.

Subscribe to Connect Daily Atlanta

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With Lee & Associates’ SutterConnect With Stonelake Capital Partners

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.
Order Reprints
  • ◦Sale/Acquisition
Colliers-56-cube
Money360-06-cube