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Thor Equities Group Grabs Extra 40 Acres Adjacent to Logistics Center in Adairsville
Thor Equities Group, an urban real estate development, leasing and management firm, has acquired a 40-acre parcel in Adairsville, GA.
The parcel at 2334 Trimble Hollow Road sits in the I-75N corridor with access to a large labor pool. The property is 60 miles from the center of Atlanta with proximity to I-75 and the new inland port located in Chatsworth, GA. Its location adjacent to Thor Equity Group’s one-million-square-foot Gordon Logistics Center offers the company the potential to develop an additional 450,000-square-foot Class A industrial building on bordering tract.
This acquisition represents Thor Equities Group’s fourth investment in GA, including an 11-asset portfolio in Savannah and a 120,000-square-foot facility in Atlanta’s Stone Mountain-Tucker submarket.
“The acquisition in Adairsville reinforces our conviction in the industrial sector and demonstrates our ability to source opportunities in strategic markets,” said Thor Equities Group chairman Joe Sitt.
- ◦Sale/Acquisition
