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Meniscus Group has acquired a 102,856-square-foot industrial property in Temple, Ga. JLL negotiated on behalf of the vendor, Ackerman & Co.
Janus Worldwide Group, a producer of self-storage and industrial roll-up doorways, occupies the complete facility.
The property has 24-foot clear heights, six dock-high doorways, eight drive-in doorways, a 290-foot truck courtroom and consists of almost two acres of paved out of doors space for storing. The constructing got here on-line in 2001 and was expanded in 2006. It beforehand traded in 2021, when Ackerman & Co. paid $6.8 million to Janus Worldwide, in accordance with Carroll County public information.
READ ALSO: Funding Issues: Navigating CRE’s Fluid Capital Markets
The asset is at 134 Janus Worldwide Blvd., near Interstate 20 and State Freeway 78. It is usually 10 miles from Carrollton, Ga., 39 miles from Atlanta and inside 45 miles of Hartsfield-Jackson Atlanta Worldwide Airport. Janus Worldwide’s headquarters is adjoining to the property.
JLL Senior Managing Administrators Dennis Mitchell and Britton Burdette, along with Managing Administrators Jim Freeman and Maggie Dominguez represented the vendor.
Atlanta ranked eighth for industrial gross sales in 2024
Atlanta’s industrial investments totaled $2.6 billion final 12 months, in accordance with a current CommercialEdge report, rating eighth nationwide. Dallas-Fort Price took the primary spot for industrial funding quantity, with almost $6 billion in gross sales.
In December final 12 months, Foxfield expanded its footprint within the Southeast space with the acquisition of an industrial property. The corporate paid $19 million for a 169,252-square-foot asset in Duluth, Ga., marking its 14th acquisition made by way of its Foxfield Open-Finish Fund.
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