{"id":1004208789,"date":"2018-03-06T07:21:04","date_gmt":"2018-03-06T15:21:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004208789"},"modified":"2022-12-08T14:43:01","modified_gmt":"2022-12-08T22:43:01","slug":"woodmont-buys-519-ksf-atlanta-area-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/woodmont-buys-519-ksf-atlanta-area-asset\/","title":{"rendered":"Woodmont Buys 519 KSF Atlanta-Area Asset"},"content":{"rendered":"

By Tudor Scolca<\/p>\n

\"1791<\/a>

1791 Mount Zion in Morrow, Ga.<\/p><\/div>\n

Woodmont Industrial Partners has acquired a 519,521-square-foot storage and distribution facility in Morrow, Ga. Continental Property Group sold the asset for $9.2 million, with a NAI Brannen Goddard team representing the company in the transaction.<\/p>\n

Built in 1971, the property is located at 1791 Mount Zion Road. Continental completed cosmetic renovations of the facility in 2014, including the addition of a new thermoplastic polyolefin roof. The asset features 72 dock-high loading doors, two drive-in doors, 22-foot clear ceiling heights, column spacing of 26 by 48 feet and 3200-amp power supply at 277\/480 volts.<\/p>\n

Continental had acquired 1791 Mount Zion in 2014 for the same price tag, and assumed a $5.5 million loan originated by Synovus Bank, due June 2019. The facility is located off Interstate 75, in the Airport\/North Clayton County industrial submarket. Other major thoroughfares are in proximity,\u00a0including\u00a0Tara Boulevard and Interstate 675. At the time of the transaction, the industrial asset<\/a> was 49 percent leased to XPO Logistics.<\/p>\n

Image courtesy of NAI Brannen Goddard<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The storage and distribution facility, which last traded in 2014, underwent cosmetic renovations and was almost 50 percent leased at the time of sale.<\/p>\n","protected":false},"author":1284,"featured_media":1004208790,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21748,21742],"tags":[34585,38911,38141],"class_list":["post-1004208789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-industrial","category-latest","tag-nai-brannen-goddard","tag-synovus-bank","tag-woodmont-industrial-partners"],"acf":[],"yoast_head":"\nWoodmont Buys 519 KSF Atlanta-Area Asset - 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\/woodmont-buys-519-ksf-atlanta-area-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Woodmont Buys 519 KSF Atlanta-Area Asset\" \/>\n<meta property=\"og:description\" content=\"The storage and distribution facility, which last traded in 2014, underwent cosmetic renovations and was almost 50 percent leased at the time of sale.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/woodmont-buys-519-ksf-atlanta-area-asset\/\" \/>\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=\"2018-03-06T15:21:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:43:01+00:00\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1791-Mount-Zion-e1519901481722.jpg\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/woodmont-buys-519-ksf-atlanta-area-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/woodmont-buys-519-ksf-atlanta-area-asset\/\",\"name\":\"Woodmont Buys 519 KSF Atlanta-Area Asset - 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