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225 Midland Ct

Evan Morton Will Gilkeson And Connor Tamlyn Acquire Industrial Asset In McDonough For $80.25M
SOLDIndustrial

Evan Morton Will Gilkeson And Connor Tamlyn Acquire Industrial Asset In McDonough For $80.25M

225 Midland Ct

$80,250,000

$115/SF

Building Size

698,068 SF

Asset Type

Industrial

Closing

Feb 19, 2026

AI

The industrial property located at 225 Midland Ct, McDonough, GA was sold for a transaction amount of $80,250,000. The asset spans approximately 698,068 square feet and has a price per square foot of $114.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $80,250,000
  • Address: 225 Midland Ct
  • Market: McDonough, GA
  • Square Footage: 698,068
  • Price per Square Foot: $114

The buyers of the property are Evan Morton, Will Gilkeson, and Connor Tamlyn, representing Bridge Logistics Properties. This transaction highlights the involvement of key individuals in the acquisition of the industrial asset.

Players

Will Gilkeson

BLP - Bridge Logistics Properties

Buyer

$297.7M

vol

5 deals

Buyer
BP
BLP - Bridge Logistics PropertiesBuyer

McDonough 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