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450 Logistics Parkway

Mikheel Davankar Of Greenlaw Partners Acquires Industrial Property From ICM Asset Management & Waterloo
SOLDIndustrial

Mikheel Davankar Of Greenlaw Partners Acquires Industrial Property From ICM Asset Management & Waterloo

450 Logistics Parkway

Building Size

724,839 SF

Asset Type

Industrial

Closing

Apr 21, 2026

AI

The property involved in this transaction is an industrial asset located at 450 Logistics Parkway in the Atlanta market. The sale signifies a movement in the industrial sector, although specific pricing and square footage details are not disclosed.

Summary of transaction details:

The key individuals in this transaction include Mikheel Davankar representing Greenlaw Partners, who acquired the asset, and Britton Burdette from JLL, who represented ICM Asset Management and Waterloo in the sale. Their involvement highlights the professionals active in facilitating the transaction within the industrial property market.

Players

Britton Burdette

JLL

Broker

$1.6B

vol

21 deals

Broker
Mikheel Davankar

Mikheel Davankar

Greenlaw Partners

Buyer

7 deals

Buyer
WP
Waterloo PartnersSeller

Jackson 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93