{"id":1004211187,"date":"2018-03-23T04:46:32","date_gmt":"2018-03-23T12:46:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004211187"},"modified":"2022-12-08T13:43:32","modified_gmt":"2022-12-08T21:43:32","slug":"inbev-keurig-offload-617-ksf-atlanta-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/inbev-keurig-offload-617-ksf-atlanta-facility\/","title":{"rendered":"InBev, Keurig Offload 617 KSF Atlanta Facility"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004211188\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004211188\" data-attachment-id=\"1004211188\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/inbev-keurig-offload-617-ksf-atlanta-facility\/7705-staples-drive-in-terminus-west-business-park-of-lithia-springs-ga\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1521808130&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"7705 Staples Drive in the Terminus West Business Park of Lithia Springs, Ga.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;7705 Staples Drive in the Terminus West Business Park of Lithia Springs, Ga.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg?w=800\" class=\"wp-image-1004211188 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg\" alt=\"Aerial view of 7705 Staples Drive in Terminus West Business Park\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/7705-Staples-Drive-in-Terminus-West-Business-Park-of-Lithia-Springs-Ga..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004211188\" class=\"wp-caption-text\">Aerial view of 7705 Staples Drive in Terminus West Business Park<\/p><\/div>\n<p>LRC Properties has acquired a 617,000-square-foot cross-dock warehouse in Lithia Springs, Ga. The seller is a joint venture between AB InBev and Keurig Green Mountain. The partnership bought the industrial asset from CenterPoint Properties in mid-2014 for $22.1 million, according to Yardi Matrix.<\/p>\n<p>The new owners of the currently vacant, Class A\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/woodmont-buys-519-ksf-atlanta-area-asset\/\">manufacturing and distribution center<\/a> are seeking tenants for the building. Located at 7705 Staples Drive, the facility is part of the Terminus West Business Park, home to a number of industrial tenants, with a Staples distribution center just west of the property.<\/p>\n<h2>Secure location, modern features<\/h2>\n<p>Situated near Interstate 20 and Georgia Route 6, the asset is about six miles west of downtown Atlanta. The\u00a0property contains areas designed to accommodate a variety of uses, including:<\/p>\n<ul>\n<li>383,000 square feet of distribution space<\/li>\n<li>197,000 square feet of conditioned space<\/li>\n<li>37,000 square feet of office space<\/li>\n<\/ul>\n<p>The building, constructed in 2007 by First Industrial Realty Trust, features 50- by 41-foot column spacing with 60-foot speed bays, a clear height of 32 feet, 80 loading docks and three drive-in doors. The property\u2019s 37.7-acre parcel offers 196 parking spaces, 180-foot secured truck courts and 199 trailer parking spaces.<\/p>\n<p>The Colliers International team of Lee Cardwell, Scott Plomgren, Harrison Marsteller and Kevin Gallagher represented the seller in the transaction.<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Class A property is currently vacant and provides roughly 600,000 square feet of warehouse and conditioned space, in addition to a large office area.<\/p>\n","protected":false},"author":861,"featured_media":1004211188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21748,21783,21742],"tags":[36217,32763,35830,39366,38364],"class_list":["post-1004211187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-industrial","category-investment","category-latest","tag-centerpoint-properties","tag-colliers-international","tag-first-industrial-realty-trust","tag-kevin-gallagher","tag-lrc-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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