Updated Oct 28, 2024
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
Jefferson 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93