1975 Sarasota Pkwy, Conyers, GA

November 17, 2016 Comments Off on Pure Industrial Pays $81M for Southeast Portfolio Views: 299 Georgia, National News, North Carolina, Southeast

Pure Industrial Pays $81M for Southeast Portfolio

Pure Industrial Real Estate Trust acquired a six-property portfolio from STAG Industrial Inc. The Canadian REIT paid $81 million for assets in Atlanta, GA and Charlotte, NC. The 1.5-million-square-foot portfolio consists of warehouse/distribution facilities that are 100% leased to seven tenants, with a weighted average lease of 4.5 years.

The properties in the portfolio include:

Atlanta Area

  • 3755 Atlanta Industrial Pkwy.
  • 2107 Eastview Pkwy.
  • 2175 E. Park Dr.
  • 1975 Sarasota Pkwy.

Charlotte Area

  • 3700 Display Dr.
  • 4205 Westinghouse Commons

Read More at Marketewired

Connect with Pure Industrial REIT

For comments, questions or concerns, please contact Amy Sorter

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