Updated Sep 8, 2026
LEASEDIndustrial
Trammell Crow Company And CBRE Investment Management Lease 538,450 Square Feet To Parts Town Unlimited
779 Parker Industrial Road
Building Size
538,450 SF
Asset Type
Industrial
Closing
Aug 27, 2026
About this deal
AI
The property asset involved in this transaction is a 538,450-square-foot industrial facility located at 779 Parker Industrial Road in Pendergrass, GA. This full-building lease encompasses the entire Building 1 of the Jackson 85 North Business Park.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not dislcosed
- Landlord: Adam Nims - Trammell Crow Company
- Landlord: Adam Gallistel - CBRE Investment Management
- Tenant: Parts Town Unlimited
- Lease Type: Full-building lease
- Jobs Created: More than 140
- First LEED-certified location for Parts Town Unlimited
Trammell Crow Company and CBRE Investment Management represent Parts Town Unlimited in this lease agreement, marking a significant expansion for the tenant as it establishes its largest global fulfillment center at this facility.
Players
Industrial Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93