Brett Turner & Charlie Farmer Of BKM Capital Partners Acquire Industrial Campus In Sandy Springs For $100M

The property involved in this transaction is an industrial asset located at 8601 & 8605 Dunwoody Place in Sandy Springs, GA. The sale price was $100,000,000, and the total square footage of the asset is 471,000. The property encompasses 38 acres and consists of 60 units, with a price per square foot of $212 and a price per unit of $1,666,667.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $100,000,000
• Address: 8601 & 8605 Dunwoody Place
• Market: Sandy Springs, GA
• Square Feet: 471,000
• Price per Square Foot: $212
• Units: 60
• Price per Unit: $1,666,667
• Buyer: Brett Turner & Charlie Farmer - BKM Capital Partners; Albert Rabil - Kayne Anderson Real Estate
• Seller: Hank Farmer - Third & Urban
• Broker: Jonathan Williams - Scotland Wright Associates

Notably, BKM Capital Partners and Kayne Anderson Real Estate acquired this industrial campus from Third & Urban. The property is currently 90% leased across seven buildings, and BKM plans to reposition the campus as this acquisition increases its portfolio in the Atlanta area to approximately 1.5 million square feet.