Stockbridge Sells BlueLinx Atlanta IOS Distribution Facility In Lawrenceville, GA For $40M. Generated By Coldwell Banker's Brokers - Britton Burdette, Dennis Mitchell, Jim Freeman, Matt Wirth & Mitchell Townsend - JLL
200 Hosea Road
$40,000,000
$68/SF
Building Size
585,637 SF
Asset Type
Industrial
Closing
Oct 11, 2023
AI
The BlueLinx Atlanta IOS, a 585,637-square-foot distribution facility located at 200 Hosea Road in Lawrenceville, Georgia, has been sold for $40 million. The property is an industrial asset situated on 64.7 acres of land. Stockbridge was the seller of the facility, which was acquired by institutional investors advised by J.P. Morgan Global Alternatives.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $40,000,000
- Square Footage: 585,637
- Price per Square Foot: $68
- Address: 200 Hosea Road, Lawrenceville, GA
- Market: Lawrenceville, GA
- Seller: Stockbridge
The sale of BlueLinx Atlanta IOS was facilitated by JLL Capital Markets, with Britton Burdette, Dennis Mitchell, Jim Freeman, Matt Wirth, and Mitchell Townsend from JLL serving as brokers in the transaction.
Players
Lawrenceville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93