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| Situated on 32 acres at 2110-2135 Lawrence Avenue East Point, Creekside Distribution Center is in the geographic core of Atlanta. |
ATLANTA, GA – JLL Capital
Markets announced it has closed the $33.5 million sale of Creekside
Distribution Center, a 538,500-square-foot, Class A, award-winning urban
infill distribution facility in the heart of Atlanta, Georgia.
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| Dennis Mitchell |
JLL marketed the property on behalf of the seller, a joint venture between Solution Property Group and Singerman Real Estate. Summit Real Estate Group purchased the asset, their eighth industrial property in Atlanta since 2014
Creekside Distribution Center is in the geographic core of Atlanta and
is five minutes from the intersection of Interstates 85 and 75, placing it with
great access to Atlanta’s primary and most traveled interstate.
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| Britton Burdette |
The
center is proximate to Hartsfield-Jackson International airport, the world’s
most traveled airport.
The JLL Capital Markets team representing the developer was led by
Senior Managing Director Dennis Mitchell, Managing Directors Britton
Burdette and Matt Wirth and Associate Brent Bono.
“In conjunction with SPG’s visionary positioning and
high-quality execution of this project, the asset’s irreplaceable in-town
location near some of Atlanta’s largest value drivers provides the buyer with a
great opportunity to add value that will perform excellently for them well into
the future,” Mitchell said.
JLL Capital Markets is a full-service global provider of
capital solutions for real estate investors and occupiers.
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| Matt Wirth |
The firm's in-depth
local market and global investor knowledge delivers the best-in-class solutions
for clients — whether investment advisory, debt placement, equity placement or
a recapitalization.
The firm has more than 3,700 Capital Markets specialists
worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please
visit the firm’s U.S. media center Web page: U.S. newsroom.
Contact:
Kimberly
Steele
JLL Senior Associate
Public Relations
Phone: +1
713 852 3420
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