Taurus Adds 582K-SF Industrial Portfolio in Atlanta’s I-20 West Submarket
Taurus Investment Holdings, a global private equity real estate firm with experience in multifamily, office, logistics, mixed-use and renewable energy, has acquired the I-20 West Industrial Portfolio in the I-20 West/Fulton submarket of Atlanta. Seller(s) and pricing weren’t disclosed.
Currently 100% leased to seven tenants, the portfolio consists of five class-B buildings with a combined area of 581,750 square feet. This latest acquisition expands Taurus’ U.S. industrial portfolio to more than 17 million square feet, including five million square feet in the Atlanta area.
“We continue to have a strong conviction in the industrial sector throughout the US and remain focused on monitoring the market and trends to acquire additional strategic assets for our portfolio,” said Peter A. Merrigan, CEO of Taurus Investment Holdings. “Across the 12 industrial markets that Taurus currently owns properties in nationally, Atlanta achieved among the highest rent growth, and we see great potential for these properties to provide strong returns for our investors.”
Pictured: 1520 Westfork, part of the I-20 West Industrial Portfolio.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).