 |
| Tyler Williams |
ATLANTA, GA – Within weeks of completing an industrial buy in Ellenwood, Georgia, leading real estate investment advisor EverWest Real Estate Investors (“EverWest”) has announced another metro Atlanta industrial acquisition, totaling 21.1 acres of land and two recently completed, fully speculative state-of-the-art distribution buildings.
 |
| Britton Burdette |
The JLL team of Britton Burdette, Dennis Mitchell, Matt Wirth, Mitchell Townsend and Jim Freeman brokered the transaction between EverWest and InLight, the project’s developer.
The
new EverWest asset is located at 9485 Highway 42 North in Rex, Georgia,
directly fronting Highway 42 and less than one mile from I-675, which offers
quick access to I-75, I-285 and the Hartfield-Jackson International Airport.
 |
| Dennis Mitchell |
“This
property offers tremendous flexibility and upside through the lease up of space
at current market rents,” said Tyler Williams, EverWest Managing
Director of Southeast Acquisitions.
“The buildings were delivered in turnkey condition with spec office suites available to quickly accommodate tenant demand, and with features that make them ideal for small and midsize users.”
 |
| Matt Wirth |
They
also have features attractive to small and midsize users such as 200’ building
depths, above-market dock ratios and various storefronts to provide flexibility
for single or multiple tenants.
“Most
new construction in the I-675 and Airport corridor has been bulk facilities
greater than 500,000 square feet, and existing inventory consists of Class B
space with lower clear heights,” said Williams.
 |
| Mitchell Townsend |
EverWest currently has $5.2 billion in assets under management, invested through separately managed accounts and commingled funds.
It provides investment management services
including acquisitions, asset management, development and property management
for assets throughout the U.S.
CONTACT:
Stacey Hershauer
focusAZ
P 480.600.0195
