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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Mikheel Davankar - Greenlaw Partners
- Seller: ICM Asset Management & Waterloo
- Seller's Representative: Britton Burdette - JLL
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
Jackson 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93