
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.
- ◦Sale/Acquisition