IGIS Asset Management Acquires Fully Leased Warehouse Portfolio In Dalton For $116.5M

Dossche Holdings sold a fully leased, 1.2 million square foot Class A warehouse portfolio located at 128 Innovation Dr & 342 Innovation Dr, Dalton, GA, to IGIS Asset Management for $116.5 million. The sale reflects a price per square foot of $97.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $116,500,000
• Square Footage: 1,200,000
• Address: 128 Innovation Dr & 342 Innovation Dr
• Market: Dalton, GA
• Buyer's Name: IGIS Asset Management
• Seller's Name: Dossche Holdings
• Brokers: Dennis Mitchell & Miyeon Lee - JLL

This transaction involved IGIS Asset Management acquiring the asset from Dossche Holdings, with representation provided by Dennis Mitchell and Miyeon Lee from JLL, highlighting the partnership in this significant industrial property deal.