Luke J. Petherbridge Of Link Logistics Acquires Industrial Asset In Suwanee For $42.25M

Link Logistics acquired an 18.5-acre industrial property located at 460 Horizon Drive in Suwanee, GA, for a total sale price of $42,250,000. The property encompasses a sizable 230,530 square feet, translating to a price per square foot of $183.27. The facility is anchored by World Electric, which occupies over 150,000 square feet within the building.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $42,250,000
• Address: 460 Horizon Drive
• Market: Suwanee, GA
• Seller: Andrew M. Zgutowicz - High Street Logistics Properties
• Buyer: Luke J. Petherbridge - Link Logistics Real Estate
• Broker: JLL
• Square Footage: 230,530
• Acres: 18.5
• Price per Square Foot: $183.27

Luke J. Petherbridge represented Link Logistics Real Estate as the buyer in this transaction, while the seller, Andrew M. Zgutowicz, represented High Street Logistics Properties. The sale was brokered by JLL, facilitating the successful transfer of the property.