Fulton Realty Capital advised a private client on the acquisition of a single-story, multi-tenant flex-industrial property in Atlanta, Georgia. The 39,000 SF property was sourced by Fulton's commercial real estate team, who also secured 5-year fixed-rate CMBS financing and led all negotiations.
The two-acre property is situated in an in-fill location with easy access to the surrounding metro area via major interstates. The property features versatile, single-story layouts with roll-up doors and direct access to each of the 23 units. Tenants include a mix of regional and local companies positioned across multiple industries.
The property was fully occupied at closing and priced below replacement cost. Fulton has identified upside opportunity through rental rate optimization and ancillary service offerings.
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