Link Logistics Acquires Industrial Portfolio From Atlanta Property Group In Kennesaw For $53.9M
3330 Town Point Drive Northwest & 3350 Town Point Drive Northwest
$53,900,000
$89/SF
Building Size
302,120 SF
Asset Type
Industrial
Closing
Jan 15, 2026
AI
A three-building industrial portfolio located at 3330 Town Point Drive Northwest and 3350 Town Point Drive Northwest in Kennesaw, GA, has been sold for $53.9 million. The property encompasses a total of 302,120 square feet, with a price per square foot of $178.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $53,900,000
- Buyer: Link Logistics
- Seller: Atlanta Property Group
- Sale Date: 01/15/2026
- Market: Kennesaw, GA
- Square Footage: 302,120
- Price per Square Foot: $178
Link Logistics, a subsidiary of Blackstone, was the acquiring party in this transaction, which reflects a 32% decrease from the seller's 2022 purchase price of $40.8 million. Atlanta Property Group facilitated the sale of the portfolio.
Players
Kennesaw 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
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93