Updated Feb 24, 2026
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
About this deal
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.
On the Map
$80,250,000
$115/SF
Industrial
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Players
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