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TRANSWESTERN INVESTMENT GROUP ACQUIRES 238,533 SF BOHANNON LOGISTICS CENTER IN ATLANTA
Newly Constructed Industrial Building Designed for Modern E-commerce Users
(JUNE 1, 2020 – ATLANTA) – Transwestern Investment Group (TIG®) announces it has acquired Bohannon Logistics Center, a 238,533-square-foot industrial building at 5002 Bohannon Road in Fairburn, Georgia. The newly constructed property was completed in early 2020.
“The acquisition of Bohannon Logistics Center provides the opportunity to take advantage of critical demand drivers in the Interstate 85 South Submarket,” said Wes Davidson, Vice President at TIG. “The asset’s proximity to Hartsfield-Jackson Airport, CSX Intermodal Terminal and Interstates 85 and 285 position it to attract a variety of industrial and logistics users.”
Fully available for lease, Bohannon Logistics Center consists of a single front-load building with 310-foot depth, 47 dock doors, 32-foot clear height, 130 auto parking spaces, 54 trailer parking spaces and a 185-foot concrete truck court. Developed by DHL Supply Chain, it was designed to meet the needs of today’s e-commerce users.
Bohannon Logistics Center is strategically located approximately 1.5 miles from the CSX Intermodal Terminal, which can reach two-thirds of Americans and provide access to more than 70 ocean, river and lake port terminals. The 20,500-mile rail network serves critical population centers in 23 states and, via an agreement with BNSF Railway, is a major destination for containerized traffic from West Coast ports.
Transwestern Real Estate Services (TRS) will provide property management services for the property. Reed Davis and Bob Currie of JLL are providing leasing services. Mike Chambers and Bill Kee of NAI Brannen Goddard represented the seller, DHL Supply Chain, in the transaction.
ABOUT TRANSWESTERN INVESTMENT GROUP
Transwestern Investment Group (TIG®) is a real estate investment adviser with $4.6 billion of assets under management as of year-end 2019. Part of the Transwestern companies, the firm serves a broad range of clients through a diversified array of discretionary and non-discretionary investment vehicles.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
This document does not constitute an offer, solicitation or recommendation to sell or an offer to buy any securities, investment products or investment advisory services. Any offer or solicitation will be made only pursuant to a confidential private placement memorandum and subscription documents (the “Offering Materials”) and will be subject to the terms and conditions contained in such Offering Materials.
The clients included in this press release were not selected based on performance, but because they are some of the largest well-known clients with similar strategic alliances. It is not known whether these clients approve or disapprove of TIG or the services or products it provides.