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Principal Real Estate Investors Acquires Industrial Assets In Doraville, Atlanta, Georgia, & Jacksonville For $49M

2650 Button Gwinnett Drive & 4345 Perimeter Industrial Parkway North
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This Industrial property located in FL was sold for $49,000,000 about 2 years ago. The brokers of the deal were Bradley "Brad" Pope, Luke Pope, Jim Freeman, Britton Burdette, Matt Wirth, Dennis Mitchell, Cody Brais, and Luis Castillo

The property involved in this closed transaction is an industrial asset located at 2650 Button Gwinnett Dr & 4345 Perimeter Industrial Parkway North in Doraville, Atlanta, Georgia, and Jacksonville. The property spans 367,820 square feet and has been sold for a price of $49,000,000, resulting in a price per square foot of $133. The transaction took place on 03/15/2022 between the buyer, Principal Real Estate Investors, and the seller, Rooker.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $49,000,000
  • Address: 2650 Button Gwinnett Dr & 4345 Perimeter Industrial Parkway North, Doraville, Atlanta, Georgia, and Jacksonville
  • Square Footage: 367,820
  • Price per Square Foot: $133

The deal was facilitated by JLL Capital Markets. The brokers involved in the transaction were Matt Wirth, Luis Castillo, Dennis Mitchell, Britton Burdette, Jim Freeman, Cody Brais, Luke Pope, and Brad Pope. They represented their respective parties in the negotiation and closing of the deal.

View Related

Deals
  • Location
    4345 Perimeter Industrial Pkwy N, Jacksonville, Florida 32219, United States4345 Perimeter Industrial Pkwy N, Jacksonville, Florida 32219, United States
  • Sale Price
    $49,000,000$49,000,000
    $133 PPSF$133 PPSF
  • Area
    367,820 SF367,820 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    8 Brokers, 1 Agency8 Brokers, 1 Agency

Agents

Luke Pope

Luke Pope

Deals5
Sold$126.3M

Jim Freeman

Jim Freeman

Deals8
Sold$551.3M

Matt Wirth

Matt Wirth

Deals8
Sold$458.3M

Dennis Mitchell

Dennis Mitchell

Deals11
Sold$703.3M

Britton Burdette

Britton Burdette

Deals11
Sold$714.9M

Cody Brais

Cody Brais

Deals18
Sold$988.2M

Luis Castillo

Luis Castillo

Deals22
Financed$767.6M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Luis Castillo, Brad Pope, Matt Wirth, Dennis Mitchell, Cody Brais, Britton Burdette, Luke Pope & Jim Freeman DATE: 03/15/2022 ADDRESS: 2650 Button Gwinnett Dr & 4345 Perimeter Industrial Parkway North MARKET: Doraville, Atlanta, Georgia, & Jacksonville ASSET TYPE: Industrial BUYER: Principal Real Estate Investors SELLER: Rooker BROKERS: Matt Wirth, Luis Castillo, Dennis Mitchell, Britton Burdette, Jim Freeman, Cody Brais, Luke Pope & Brad Pope - JLL Capital Markets SALE PRICE: $49,000,000 SF: 367,820 ~ PPSF: $133

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2650 Button Gwinnett Drive & 4345 Perimeter Industrial Parkway North

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