{"id":1004202443,"date":"2018-01-05T03:01:16","date_gmt":"2018-01-05T11:01:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004202443"},"modified":"2022-12-07T21:18:02","modified_gmt":"2022-12-08T05:18:02","slug":"pure-industrial-acquires-atlanta-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/","title":{"rendered":"Pure Industrial Acquires Atlanta Warehouse"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

\"Phase<\/a>

Phase II of King Mill Distribution Park in McDonough, Ga.<\/p><\/div>\n

Pure Industrial Real Estate Trust has acquired Phase II of King Mill Distribution Park, a 760,256-square-foot, Class A industrial warehouse in McDonough, Ga., from a partnership between Trammell Crow Co. and Allstate.<\/p>\n

\u201cThe appeal of the property for the buyer was the modern, first-class, cross-dock distribution structure with multiple key attributes that potential companies are looking for when it comes to leasing a building\u2014such as 36-foot clear height and ample auto and trailer storage,\u201d <\/em>Mark Dishaw, TCC\u2019s principal in\u00a0Atlanta, told Commercial Property Executive. \u201cThe project was also located in an established distribution park and the building\u2019s location offered multiple ingress\/egress points served by two interchanges off Interstate 75.\u201d<\/em><\/p>\n

The distribution park also boasts a flexible design that can accommodate multiple tenants served by separate entrances.<\/p>\n

Located at 150 Distribution Drive, less than 30 miles from Atlanta, the warehouse was part of Allstate\u2019s investment portfolio before the sale.<\/p>\n

\u201cTCC\u2019s culture of integrity, persistence, passion and entrepreneurial spirit continues to drive our professionals, both in Atlanta and across our 16 offices,\u201d <\/em>Dishaw said. \u201cOur philosophy is to develop the best product on the best sites in the best markets. My experience has taught me that consumer preferences define how our team finds the right site, at the right time and builds a product type in high demand.\u201d<\/em><\/p>\n

Being in the Henry County segment of the I-75 South industrial submarket, the property offers strong access to I-75, the full Georgia State Route 155 Interchange, as well as access south on I-75 via Billy Gardner Parkway.\u00a0<\/p>\n

According to Dishaw, the location was extremely appealing to the buyer, influencing its decision to acquire the property.\u00a0<\/p>\n

\u201cThis location on I-75 has attracted major companies due to not only the great access to the population base of Metro Atlanta, but it serves as Atlanta direct distribution corridor to the approximate 18 million residents of Florida,\u201d <\/em>he said. \u201cFinally, another driver for companies to like this location is the good accessibility to the Port of Savannah.\u201d<\/em><\/p>\n

Details of Phase 1<\/h2>\n

Eight months ago, the TCC\/Allstate joint venture found a buyer for Phase I of King Mill Distribution Park in American Realty Advisors, who acquired the 846,496-square-foot Class A building. That building is fully leased to Wayfair.<\/p>\n

CBRE Global Investors\u2013Americas served as Allstate\u2019s adviser on the Phase 1 transaction, while the CBRE Atlanta team of Frank Fallon, Chris Riley and Trey Barry represented the seller in Phase 2.<\/p>\n

\u201cOnce again, we\u2019ve achieved excellent results through our tremendous teamwork with CBRE Global Investors<\/em>,\u201d Mike Moran, Allstate\u2019s managing director of real estate equity,\u201d said. \u201cWe\u2019re thrilled with the outcome of the sale of King Mill Phase II, which was a great asset to our portfolio, as we expect it will also be to its new owner.<\/em>\u201d\u00a0<\/p>\n

In October, TCC teamed with Cottonwood Partners and a subsidiary of a private real estate fund advised by Crow Holdings Capital Real Estate, on the closing of the sale of the 1.5-acre Sentinel Square III site, part of a 1.3 million-square-foot office complex in Washington<\/a>, D.C.\u00a0<\/p>\n

Image courtesy of Trammell Crow Co.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.<\/p>\n","protected":false},"author":451,"featured_media":1004202474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21808,21748,21783,21742],"tags":[33097,33222,32789,33806,32893],"class_list":["post-1004202443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-featured","category-industrial","category-investment","category-latest","tag-allstate","tag-american-realty-advisors","tag-cbre","tag-pure-industrial-real-estate-trust","tag-trammell-crow-company"],"acf":[],"yoast_head":"\nPure Industrial Acquires Atlanta Warehouse - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pure Industrial Acquires Atlanta Warehouse\" \/>\n<meta property=\"og:description\" content=\"The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-05T11:01:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T05:18:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/\"},\"author\":{\"name\":\"Keith Loria\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"headline\":\"Pure Industrial Acquires Atlanta Warehouse\",\"datePublished\":\"2018-01-05T11:01:16+00:00\",\"dateModified\":\"2022-12-08T05:18:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/\"},\"wordCount\":538,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/Phase-II-of-King-Mill-Distribution-Park.jpg\",\"keywords\":[\"Allstate\",\"American Realty Advisors\",\"CBRE\",\"Pure Industrial Real Estate Trust\",\"Trammell Crow Company\"],\"articleSection\":[\"Atlanta\",\"Deals\",\"Featured\",\"Industrial\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/\",\"name\":\"Pure Industrial Acquires Atlanta Warehouse - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/Phase-II-of-King-Mill-Distribution-Park.jpg\",\"datePublished\":\"2018-01-05T11:01:16+00:00\",\"dateModified\":\"2022-12-08T05:18:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/Phase-II-of-King-Mill-Distribution-Park.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/01\\\/Phase-II-of-King-Mill-Distribution-Park.jpg\",\"width\":800,\"height\":620,\"caption\":\"Phase II of King Mill Distribution Park in McDonough, Ga.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/pure-industrial-acquires-atlanta-warehouse\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pure Industrial Acquires Atlanta Warehouse\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\",\"name\":\"Keith Loria\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"caption\":\"Keith Loria\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/keith-loria\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pure Industrial Acquires Atlanta Warehouse - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/","og_locale":"en_US","og_type":"article","og_title":"Pure Industrial Acquires Atlanta Warehouse","og_description":"The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.","og_url":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-01-05T11:01:16+00:00","article_modified_time":"2022-12-08T05:18:02+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","type":"image\/jpeg"}],"author":"Keith Loria","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/"},"author":{"name":"Keith Loria","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"headline":"Pure Industrial Acquires Atlanta Warehouse","datePublished":"2018-01-05T11:01:16+00:00","dateModified":"2022-12-08T05:18:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/"},"wordCount":538,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","keywords":["Allstate","American Realty Advisors","CBRE","Pure Industrial Real Estate Trust","Trammell Crow Company"],"articleSection":["Atlanta","Deals","Featured","Industrial","Investment","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/","url":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/","name":"Pure Industrial Acquires Atlanta Warehouse - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","datePublished":"2018-01-05T11:01:16+00:00","dateModified":"2022-12-08T05:18:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","width":800,"height":620,"caption":"Phase II of King Mill Distribution Park in McDonough, Ga."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/pure-industrial-acquires-atlanta-warehouse\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Pure Industrial Acquires Atlanta Warehouse"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f","name":"Keith Loria","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","caption":"Keith Loria"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/keith-loria\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Phase-II-of-King-Mill-Distribution-Park.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004202443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/451"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004202443"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004202443\/revisions"}],"predecessor-version":[{"id":1004202475,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004202443\/revisions\/1004202475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004202474"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004202443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004202443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004202443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}