MetLife Investment Management Client Acquires I-16 Logistics Center In Ellabell Georgia For $72M From Dayton Street Partners
11900 Us Route 280
$72,000,000
$131/SF
Building Size
548,818 SF
Asset Type
Industrial
Closing
Sep 15, 2025
AI
The industrial asset located at 11900 Us Route 280 in Ellabell, GA, spans 548,818 square feet and was sold for a transaction amount of $72,000,000. The price per square foot is calculated at $131.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $72,000,000
- Address: 11900 Us Route 280
- Market: Ellabell, GA
- Square Footage: 548,818
- Price per Square Foot: $131
- Seller: Dayton Street Partners
- Brokers: Britton Burdette, Dennis Mitchell, Jim Freeman & Maggie Dominguez - JLL
A MetLife Investment Management-advised client acquired the property from seller Dayton Street Partners, indicating the involvement of significant investment entities in this transaction.
Players
Ellabell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93