Location Characteristics: Atlanta is the third largest metropolitan area in the Southeast, and one of the region’s primary transportation,distribution, financial, and consumer centers. Located in theheart of the Southeast, Atlanta is one of only five cities in North America served by seven major interstate systems (I-85, I-75, I-20,I-285, I-985, I-675, and I-575).
Market Insight: Rent growth is outperforming the national benchmark, and year-over-year growth has improved since the onset of the pandemic. Even with such growth, Atlanta remains one of the least expensive major industrial markets in the country, with space renting at a steep discount to large West and East Coast distribution markets.
Location Characteristics: Atlanta is the third largest metropolitan area in the Southeast, and one of the region’s primary transportation,distribution, financial, and consumer centers. Located in theheart of the Southeast, Atlanta is one of only five cities in North America served by seven major interstate systems (I-85, I-75, I-20,I-285, I-985, I-675, and I-575).
Market Insight: Rent growth is outperforming the national benchmark, and year-over-year growth has improved since the onset of the pandemic. Even with such growth, Atlanta remains one of the least expensive major industrial markets in the country, with space renting at a steep discount to large West and East Coast distribution markets.
Location:Shannon, GA
Acquisition Date:1/28/20
Construction Completion Date:2/1/23
# of Buildings:2
Purchase Price/SF:$39.69
Tenant:Both are Single-Tenant
Portfolio Fit: The prime location of 6739 New Calhoun, serves as the ideal hub for the largest rug and textile distributor in Europe, the property offers a secure, long-term lease and provides a thriving location for the business to flourish. The 122.4 acres of land accompanying this building, allowing for the development of two new state-of-the-art structures. The first, a 236,600 square foot building, is currently at full occupancy. Meanwhile, the second building, a 180,000 square foot warehouse, is set to be available for leasing in the second quarter of 2023, offering ample space for future growth.
City, Location:Adairsville, GA
Acquisition Date:1/20/22
# of Buildings:1
Purchase Price/SF:$65.00
Tenant:Single-Tenant
Portfolio Fit: 1099 Dodds Ave, a 150,000 square foot building is solely occupied by a wholesaler of flooring including carpet, hardwood and laminate for residential & commercial applications. Strategically located near I-75, this area is known for its thriving textile industry that was established in the early 1900’s, is currently a fast-growing market supporting the flooring industry
Metro Area | Building Name | Gross Building Area (SF) | Property Sub-Type | Tenant |
---|---|---|---|---|
Atlanta | 1099 Dodds Avenue | 150,000 | Warehouse/Distribution | Single-Tenant |
Atlanta | 430 Industrial Boulevard | 47,599 | Warehouse/Distribution | Single-Tenant |
Atlanta | 338 Industrial Boulevard | 309,084 | Warehouse/Distribution | Single-Tenant |
Atlanta | 265 Industrial Boulevard | 187,205 | Warehouse/Distribution | Single-Tenant |
Atlanta | 40 Pinyon Road | 60,148 | Warehouse/Distribution | Single-Tenant |
Atlanta | 6739 New Calhoun Highway | 320,000 | Warehouse/Distribution | Single-Tenant |
Atlanta | 6785 New Calhoun Highway | 236,600 | Warehouse/Distribution | Single-Tenant |
Atlanta | 665 Highway 74 South | 117,000 | Small Bay Industrial | Multi-Tenant |
Atlanta | 1715 Dogwood Drive | 100,000 | Warehouse/Distribution | Single-Tenant |
Atlanta | 11236 Harland Drive | 32,361 | Warehouse/Distribution | Single-Tenant |
Atlanta | 32 Dart Road | 194,800 | Warehouse/Light Manufacturing | Single-Tenant |
Atlanta | 1665 Dogwood Drive SW | 198,000 | Warehouse/Distribution | Single-Tenant |
Atlanta | 1413 Lovers Lane | 200,000 | Warehouse/Distribution | Multi-Tenant |
Atlanta | 611 Highway 74 South (Bldg 1) | 262,826 | Small Bay Industrial | Multi-Tenant |
Atlanta | 611 Highway 74 South (Bldg 2) | 35,100 | Small Bay Industrial | Multi-Tenant |
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Plymouth Industrial REIT is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.