{"id":1004700661,"date":"2024-02-01T07:46:52","date_gmt":"2024-02-01T15:46:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004700661"},"modified":"2024-02-01T07:46:54","modified_gmt":"2024-02-01T15:46:54","slug":"unilev-capital-starts-southeast-expansion-with-atlanta-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/","title":{"rendered":"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition"},"content":{"rendered":"
\n
\"6420-6476\n\t\t\t\n\t\t\t\t\n\t\t\t<\/svg>\n\t\t<\/button>
The light industrial portfolio is situated within Atlanta\u2019s Northlake Chamblee submarket.
Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n

Berkeley Partners<\/strong> has sold a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga., within Atlanta\u2019s submarket of Northlake Chamblee. JLL <\/strong>worked on behalf of the seller and procured the buyer, Unilev Capital<\/strong>. The portfolio is currently 86 percent occupied by 13 tenants.<\/p>\n\n\n\n

Built between 1973 and 1978, the light industrial properties are at 6420-6476 Warren Drive and include 18-foot clear heights, a total 23 dock high doors, dock levelers, bumpers and loading doors, according to CommercialEdge. The tenant roster includes Zipp Auto Sales, Galiche Art Rugs and US-1 Van Lines of Georgia, Inc., among others, the same source shows.<\/p>\n\n\n\n

The three buildings are adjacent to each other and allow for easy access to interstates 85 and 285, while also being 6 miles from Chamblee, Ga., 7 miles from DeKalb-Peachtree Airport, 17 miles from Atlanta and within 28 miles of Hartsfield-Jackson Atlanta International Airport.<\/p>\n\n\n\n

The deal marks Unilev Capital\u2019s expansion in the Southeast U.S., said the company\u2019s Co-Founder & Principal, Raymond Levy, in prepared remarks. The buyer\u2019s strategy is to continue to invest in multi-tenant, shallow-bay industrial assets, with plans to further expand its footprint in the Atlanta area, added the company\u2019s Chief Financial Officer, Ian Konowitch.<\/p>\n\n\n\n

The JLL Capital Markets that brokered the deal consists of Senior Managing Directors Matt Wirth, Dennis Mitchell and Britton Burdette, together with Directors Jim Freeman and Mitchell Townsend.<\/p>\n\n\n\n

Atlanta’s ranks among top 10 for sales<\/h2>\n\n\n\n

Nationally, industrial investments totaled $52.1 billion in 2023, a figure that represented almost half of the volume recorded in 2022, a recent CommercialEdge report <\/a>shows. Year-to-date through December, industrial deals in Atlanta amounted to $1.32 billion, placing the metro in the top 10 markets for sales volume. Across Southern metros, Dallas led with $3.4 billion, followed by Houston with $2.3 billion.<\/p>\n\n\n\n

Significant deals closed in the metro last year include properties that were part of Investcorp’s $216 million acquisition<\/a>. The company expanded its U.S. industrial footprint with a 1.6 million-square-foot purchase, with assets located in Atlanta, Boston, Central New Jersey, Allentown, Pa. and San Antonio, Texas.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 141,481-square-foot industrial portfolio traded for $18.2 million.<\/p>\n","protected":false},"author":2991,"featured_media":1004700667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21748,21783,21742,32781],"tags":[34645,32796,44006,52308],"class_list":["post-1004700661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-industrial","category-investment","category-latest","category-southeast","tag-berkeley-partners","tag-jll","tag-jll-capital-markets","tag-unilev-capital"],"acf":[],"yoast_head":"\nUnilev Capital Starts Southeast Expansion With Atlanta Acquisition - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.\" \/>\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\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition\" \/>\n<meta property=\"og:description\" content=\"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/\" \/>\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=\"2024-02-01T15:46:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-01T15:46:54+00:00\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/2024\/02\/Warren-Drive-e1706791120806.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\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/\",\"name\":\"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg\",\"datePublished\":\"2024-02-01T15:46:52+00:00\",\"dateModified\":\"2024-02-01T15:46:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg\",\"width\":3198,\"height\":2398,\"caption\":\"6420-6476 Warren Dr. Image courtesy of JLL\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition\"}]},{\"@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\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition - Commercial Property Executive","description":"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.","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\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/","og_locale":"en_US","og_type":"article","og_title":"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition","og_description":"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.","og_url":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-02-01T15:46:52+00:00","article_modified_time":"2024-02-01T15:46:54+00:00","author":"Simona Tudose","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/","url":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/","name":"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg","datePublished":"2024-02-01T15:46:52+00:00","dateModified":"2024-02-01T15:46:54+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"Unilev Capital purchased a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, Ga.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg","width":3198,"height":2398,"caption":"6420-6476 Warren Dr. Image courtesy of JLL"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/unilev-capital-starts-southeast-expansion-with-atlanta-acquisition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Unilev Capital Starts Southeast Expansion With Atlanta Acquisition"}]},{"@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\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Warren-Drive-e1706791120806.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004700661","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\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004700661"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004700661\/revisions"}],"predecessor-version":[{"id":1004700733,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004700661\/revisions\/1004700733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004700667"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004700661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004700661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004700661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}