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460 Horizon Drive

Updated Sep 4, 2026

SOLDIndustrial

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

460 Horizon Drive

$42,250,000

$183/SF

Building Size

230,530 SF

Asset Type

Industrial

Closing

Sep 4, 2026

About this deal

AI

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.

Players

JLL
JLLBrokerage

Luke J. Petherbridge

Link Logistics Real Estate

Buyer

$2.4B

vol

32 deals

Buyer

Andrew M. Zgutowicz

High Street Logistics Properties

Seller

$109M

vol

7 deals

Seller

Sewee Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $183 per square foot on a published $42.3M for 230,530 square feet (2026).

Visit Andrew M. Zgutowicz to view all their deals.

Browse Sewee industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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