John Carrafiell Of BentallGreenOak And Greenlaw Partners Acquires Warehouse In Jackson For $70.05M
$70,050,000
$96/SF
Building Size
724,687 SF
Asset Type
Industrial
Closing
May 12, 2026
AI
A venture of BentallGreenOak and Greenlaw Partners acquired a 724,687-square-foot warehouse in Jackson, GA, known as River Park 6, from a venture of Waterloo Partners and ICM Property Group for a total of $70,050,000, translating to a price per square foot of $97.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $70,050,000
- Sale Date: 05/12/2026
- Buyer: John Carrafiell - BentallGreenOak (BGO) & Greenlaw Partners
- Seller: Waterloo Partners & ICM Property Group
- Square Footage: 724,687
- Price Per Square Foot: $97
John Carrafiell represented BentallGreenOak in this transaction, which highlights a strategic acquisition for the buyer, positioning them within the industrial real estate market of Jackson, Georgia.
Players
Market 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
0.23%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93