ATLANTA, Jul. XX, 2023 - JLL Capital Markets announced today that it arranged sale of a seven-building, light industrial portfolio across infill Atlanta submarkets. The transaction is representative of continued investor interest in locations with high barriers to entry paired with limited new supply.
JLL and Wilson, Hull, & Neal represented the seller, funds managed by Rialto Capital , and procured the buyers.
The assets were built between 1970 and 1978 and have clear heights ranging from 16 to 22 feet across the portfolio. The properties are 95.6% leased to 23 tenants.
The JLL Capital Markets Investment Sales and Advisory team was led by Matt Wirth, Jim Freeman, Britton Burdette, Dennis Mitchell and Mitchell Townsend.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
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Jones Lang LaSalle Inc. published this content on 25 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2023 16:06:11 UTC.
