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355 Horace Head Road, Jeffe...

Updated Oct 28, 2024

BentallGreenOak Acquires Industrial Property In Atlanta, GA For $78.7M
SOLDIndustrial

BentallGreenOak Acquires Industrial Property In Atlanta, GA For $78.7M

355 Horace Head Road, Jefferson, GA, USA

$78,700,000

$77/SF

Building Size

1,015,740 SF

Asset Type

Industrial

Closing

Oct 14, 2021

About this deal

AI

Located at 355 Horace Head Road in Atlanta, GA, this industrial property was recently sold in an undisclosed transaction. With a total area of 1,015,740 square feet, the property was acquired by BentallGreenOak, represented by their representative Joe Paskov. The sale price for this transaction amounted to $78,700,000, translating to a price per square foot of $77.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $78,700,000
  • Square Footage: 1,015,740
  • Buyer: BentallGreenOak
  • Buyer's Representative: Joe Paskov
  • Market: Atlanta, GA

This significant deal involved BentallGreenOak, a prominent player in the real estate market, acquiring the industrial property located at 355 Horace Head Road. Represented by Joe Paskov, BentallGreenOak finalized the transaction for a total of $78,700,000. The property spans an impressive area of 1,015,740 square feet and is situated in the bustling market of Atlanta, GA.

Players

BentallGreenOak
BentallGreenOakBuyer

Jefferson Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $77 per square foot on a published $78.7M for 1,015,740 square feet (2021).

Browse Georgia industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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