August 12, 2020
JLL has brokered the $43.9 million sale of an 811,000-square-foot distribution center leased to Bed Bath & Beyond in the northeast Georgia community of Pendergrass.
Located at 860 John B. Brooks Rd., the distribution center is situated on 62 acres along Interstate 85. The property features tilt-up construction, 32-foot clear heights and a cross-dock configuration. It is a mission-critical distribution hub for Bed Bath & Beyond.
Alex Sharrin, Britton Burdette, Brian Shanfeld, Matt Wirth and Dennis Mitchell of JLL represented the seller, Oak Street Real Estate Capital, in the transaction. The buyer was an unnamed institutional investment group.
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