{"id":1004401619,"date":"2020-03-20T01:32:08","date_gmt":"2020-03-20T09:32:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004401619"},"modified":"2020-03-20T01:32:08","modified_gmt":"2020-03-20T09:32:08","slug":"suburban-atlanta-industrial-buildings-change-hands-for-18m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/suburban-atlanta-industrial-buildings-change-hands-for-18m\/","title":{"rendered":"Suburban Atlanta Industrial Buildings Change Hands for $18M"},"content":{"rendered":"<div id=\"attachment_1004401622\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004401622\" data-attachment-id=\"1004401622\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/suburban-atlanta-industrial-buildings-change-hands-for-18m\/piedmont-warehouses\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg\" data-orig-size=\"799,599\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1584698686&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=\"Piedmont Warehouses\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg?w=799\" class=\"wp-image-1004401622 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg\" alt=\"Piedmont Warehouses\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg 799w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Piedmont-Warehouses.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004401622\" class=\"wp-caption-text\">Piedmont Warehouses<\/p><\/div>\n<p>A partnership between Weaver Capital Partners and The Seng Co. has sold Piedmont Warehouses, a 120,800-square-foot light industrial property in Atlanta. According to Yardi Matrix data, Link Industrial Property purchased the warehouse for $17.6 million after almost three years of ownership. In 2017, the partnership acquired the two-building asset from Westplan Investors for $11.6 million.<\/p>\n<p>Located on 5.6 acres at 2091-2241 Faulkner Road, the shallow-bay, light industrial property is between the Buckhead and Midtown central business districts. Piedmont Warehouses provides easy access to interstates 85 and 75. The densely populated Atlanta area, with more than two million residents, is within a 30-minute drive of the property. Built in 1967 and renovated in 2018, the buildings feature 34 dock-high doors, 16-foot clear heights and numerous suites with air-conditioned warehouse space.<\/p>\n<p>A JLL Capital Markets team from the company\u2019s industrial and office investment advisory groups represented the sellers in the deal. JLL has been busy in Buckhead during the past six months. At the end of October, the brokerage company <a href=\"https:\/\/www.commercialsearch.com\/news\/cousins-properties-regains-ownership-of-atlanta-high-rises-with-503m-buy\/\">advised Cousins Properties<\/a> in the sale of two Atlanta high rises\u2014Terminus 100 and 200\u2014for $503 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weaver Capital Partners and The Seng Co. sold the 120,800-square-foot property after almost three years of ownership. <\/p>\n","protected":false},"author":1012,"featured_media":1004401622,"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":[33691,44006],"class_list":["post-1004401619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-industrial","category-investment","category-latest","tag-buckhead-submarket","tag-jll-capital-markets"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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