January 5, 2021
JLL has arranged the sale of a three-building light industrial portfolio situated within Gwinnett Park in the Atlanta-area community of Norcross.
The portfolio is 76.5% percent leased to a 15 tenants, including Zenith Education Group, Speed Laboratory and Seikoh Giken. The property is located on 13 acres at 1750 Beaver Ruin Rd. and 4405 B and C International Blvd. The properties are within established Gwinnett Park, a more than 2.5 million-square-foot business park.
Dennis Mitchell, Matt Wirth, Britton Burdette and Crosby Taylor of JLL represented the seller, Dogwood Industrial Properties, a TPG Real Estate Partners portfolio company, in the transaction. The buyer was PEYKAR Capital.
For comments, questions or concerns, please contact David Cohen
Tags: Acquisition, Industrial