by Evelina Croitoru – Commercial Property Executive
The company has acquired three industrial assets in Norcross, McDonough and Forest Park, Ga.
Atlanta—Industrial real estate investment manager Dalfen America Corp. has announced the purchase of a light industrial portfolio consisting of three Class A properties located in the Atlanta submarkets of Norcross, Airport and McDonough. Stewart Calhoun and Casey Masters with Cushman & Wakefield led the transaction on behalf of an undisclosed seller.
Upon closing, the buildings were 90 percent occupied to tenants, including Frito Lay, SCP Distributors LLC and Autopart International Inc.
Located in Forest Park, Ga., Aviation South Business Center features 96,000 square feet of industrial/distribution space. Completed in 2001, the building has 24-feet clear ceiling heights, 29 dock-high doors, three drive-in doors and 115 parking stalls. The asset is close to I-75 and is adjacent to the Hartsfield International Airport.
Goshen Springs Distribution Center was completed in 1996 and encompasses 42,240 square feet. The property is located in Norcross, Ga., and features a new 60 mil TPO roof, 22-feet clear ceilings height, 11 dock-high doors, 3 drive-in doors and 68 parking stalls. The building offers immediate access to I-85 and is close to DeKalb Peachtree Airport.
Liberty Business Center was built in 2000 and features 72,800 square feet. The property is located in McDonough, Ga., and has a 60 mil TPO roof, 24- to 26-feet clear heights, 29 dock-high doors, 6 drive-in doors and 102 parking spaces. The facility is close to downtown Atlanta and I-75.
“[…] These properties make great additions to our last-mile, e-commerce-oriented strategy of buying best-in-class, in-fill industrial assets in key markets across the United States,” Sean Dalfen, president of Dalfen America Corp., said in a prepared statement.