Dalfen Buys 2 ATL Industrial Assets
The industrial properties are proximate to multiple interstates, including The Perimeter. Dalfen acquired several other properties in recent months, bringing its industrial portfolio close to one million square feet.
By Tudor Scolca
Dalfen America Corp. extended its Atlanta industrial portfolio with two new acquisitions, totaling 171,910 square feet. The transactions come on the heels of a number of other acquisitions completed by the company during the past few months within the metro. Dalfen currently possesses upwards of 712,000 square feet of industrial property in the state of Georgia.
Airport Commerce Center is located at 3120-3130 E. Main St. It is a two-building asset of 85,510 square feet, with an additional 13-acre plot of unimproved land. Erected in 1989, the buildings feature 20-foot clear ceiling heights, 32 dock-high doors and five drive-in doors, while the adjacent land can serve as trailer or airport parking. The location enables quick access to major distribution routes, such as interstates 75, 85 and 285, all of them being approximately ten minutes away. The Heartsfield-Jackson Atlanta International Airport is less than two miles from the property.
Last mile properties
Bay Circle Business Center is situated at 6610 Bay Circle in Norcross, Ga. It is an 86,400-square-foot warehouse and distribution facility built in 1984. The building was vacant at the time of the transaction, with leasable space divisible in 10,000-square-foot units. It features 18- and 22-foot clear ceiling heights, a total of 24 dock-high doors and multiple parking spaces with a rear loading truck court. The property is situated within immediate access to Peachtree Industrial Boulevard, while interstates 285 and 85 are five miles away.
“With the acquisition of these properties, Dalfen will have closed on six buildings in the Atlanta market over the past several months. We continue to execute our strategy of buying last mile oriented buildings in higher growth markets. Atlanta is one of the fastest growing metropolitan areas in the country and it’s a critical Southeast distribution hub,” said Sean Dalfen, president of Dalfen American Corp., in a prepared statement.
Images courtesy of Dalfen America Corp.
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