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BGO And Greenlaw Partners A...

John Carrafiell Of BentallGreenOak And Greenlaw Partners Acquires Warehouse In Jackson For $70.05M
SOLDIndustrial

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

John Carrafiell

BentallGreenOak (BGO)

Buyer

$524.7M

vol

7 deals

Buyer
Greenlaw Partners
Greenlaw PartnersBuyer
ICM Property Group
ICM Property GroupSeller

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