Monday, June 26, 2023

JLL Capital Markets arranges sale of the two-building, 271,294-SF Class A industrial distribution center in Rex, GA

 

Britton Burdette
ATLANTA, GA –  JLL Capital Markets announced today that it arranged the sale of two recently completed, Class A industrial buildings totaling 271,294 square feet in Rex, Georgia. The price was not disclosed.

 JLL represented the seller, InLight Real Estate Partners, in the sale of the property to EverWest Real Estate Investors, LLC.

The JLL Capital Markets team representing the seller was led by Senior Managing Directors Britton Burdette, Dennis Mitchell and Matt Wirth, Directors Mitchell Townsend and Jim Freeman and the JLL Industrial Brokerage team of Executive Managing Director Stephen Bridges and Senior Associate Kimani Mustafa.

Dennis Mitchell 
The two newly constructed, Class A distribution facilities were built in 2023 and sold as a vacant forward opportunity at the time of sale.

 Key features include 32-foot clear heights, rear-load configuration, 72 dock-high doors, four drive-in doors and 316 parking spaces.

Located at 9485 Hgwy 42 North, the two state-of-the-art industrial buildings have frontage along Hgwy 42 and are just 18 miles from Atlanta.

Matt Wirth
The properties are situated on a 21.1-acre lot and are less than one mile from I-675, providing ideal access to I-75, I-285 and the Hartfield-Jackson International Airport.

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.

Mitchell Townsend 
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

 

 

CONTACT:

 

Alli Semans

Public Relations, Associate

Phone: +1 330 329 6750

Email: Alli.Semans@jll.com

 

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