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Logistics Property Co. LLC Secures Three Leases Totalling 373000 Square Feet In Covington GA

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LEASED

Georgia

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Industrial373,000 SF
Leased 03/27/2025
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LEASED

Logistics Property Co. LLC Secures Three Leases Totalling 373000 Square Feet In Covington GA

14128 Lake Forest Drive Northeast

See Similar Deals
Industrial373,000 SF
Leased 03/27/2025
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Summary

GEORGIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:373,000 SF
Transaction Type:Lease

The property asset involved in this transaction is a large industrial facility located at 14128 Lake Forest Drive Northeast, Covington, GA, encompassing a total square footage of 373,000. The leases secured by Logistics Property Co. LLC include a full-building deal at Building 100 and additional leases at Building 200, with 97,000 square feet still available for lease in the latter building.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 14128 Lake Forest Drive Northeast
  • Market: Covington, GA
  • Asset Size: 373,000 SF
  • Landlord: Logistics Property Co. LLC
  • Tenant's Representative: Myles Thomas - JLL
  • Landlord's Representatives: Matt Bentley & Nathan Anderson - NAI Brannen Goddard

This lease transaction involved multiple parties, including Logistics Property Co. LLC as the landlord, which has engaged in securing three leases with undisclosed manufacturing and assembly tenants at Covington Commerce Center. The tenant's representative, Myles Thomas from JLL, is coordinating on behalf of the tenants, while the landlord is represented by Matt Bentley and Nathan Anderson from NAI Brannen Goddard.

Players

Myles Thomas
1 deal(404) 995-2171
BROKER


Details

LEASED
IMAGE: 03/27/2025 ADDRESS: 14128 Lake Forest Drive Northeast MARKET: Covington, GA ASSET TYPE: Industrial ~ SF: 373,000 LANDLORD: Logistics Property Co. LLC TENANT'S REP: Myles Thomas - JLL LANDLORD'S REP: Matt Bentley & Nathan Anderson - NAI Brannen Goddard NOTE: Logistics Property Co. LLC has secured three leases totaling 373,000 square feet at Covington Commerce Center, with undisclosed manufacturing and assembly tenants. The leases include a full-building deal at Building 100 and two leases at Building 200, which still has 97,000 square feet available.

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Deal Type
Effective Rent (Annual)

$21,380,134.92

Total Lease Value

$213,801,349.16

Net Landlord Cash Flow$21,380,134.92