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| Braselton Logistics Center, 705 Braselton Industrial Boulevard, Braselton, GA |
ATLANTA, GA, Nov. 30, 2018 – Ackerman & Co. announced
today it has sold 1,000,821-square-foot Braselton Logistics Center to
Uline Inc.
The national shipping and business supply
company purchased the Class A, bulk distribution center for $70,022,100
(approximately $70 per square foot) from Ackerman and its joint-venture
development partners, The Yates Group and JAC Real Estate Investments.
Uline acquired the
building, the largest industrial facility Ackerman has developed to date, as
part of a purchase option in its 10-year lease. It has occupied the
distribution facility since late 2017.
The company operates
its consolidated Southeast distribution operations from Braselton Logistics
Center.
Located at 705
Braselton Industrial Boulevard in Braselton, Ga., the cross-dock facility’s
design features include extra-high 40-foot clear heights, Ductilcrete warehouse
flooring, a white TPO roof with skylights and LED high-efficiency lighting.
Braselton Logistics
Center is situated in Atlanta’s Northeast/Interstate 85 industrial submarket,
one of the largest and most strategically positioned industrial hubs in the
Southeast. Interstate 85, the region’s major north-east highway, is
accessible via two equidistant diamond interchanges 1.5 miles away from the
facility.
The diverse mix of
tenants surrounding Braselton Logistics Center includes Mizuno, Hitachi, Whole
Foods Markets, Havertys, Carters and Kichler.
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| Haverty's Furniture Showroom |
Headquartered in
Atlanta, Ackerman & Co. is a privately held, full-service commercial real
estate firm focused on providing quality investment, brokerage, management and
development services in the Southeast.
The company, founded
in 1967, retains an expert team of more than 100 real estate professionals.
To date, Ackerman
& Co. has developed and acquired 37 million square feet of office, medical,
industrial, retail and mixed-use space, has 8 million square feet under
management, and maintains an investment portfolio valued at $1 billion.
For more information,
visit www.ackermanco.com
CONTACT:
Steve Webb
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