Georgia Power Acquires 825000 Square Foot Industrial Facility In Jackson From ICM Property Group And Waterloo Partners For $94.75M
750 Logistics Parkway
$94,750,000
$114/SF
Building Size
825,000 SF
Asset Type
Industrial
Closing
Aug 19, 2025
AI
An industrial facility located at 750 Logistics Parkway in Jackson, GA was sold for $94,750,000. The asset encompasses 825,000 square feet, with a price per square foot calculated at $115.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $94,750,000
- Buyer: Georgia Power
- Seller: ICM Property Group & Waterloo Partners
- Square Footage: 825,000
- Price Per Square Foot: $115
- Market: Jackson, GA
The transaction involved Georgia Power as the buyer and ICM Property Group & Waterloo Partners as the sellers. This sale reflects a significant deal within the industrial sector in the Jackson area.
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
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93