Colony Industrial Acquires Nine Industrial Properties in Atlanta, Georgia
COLONY CAPITAL INC (CLNY)
Last colony capital inc earnings: 2/28 07:30 am
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Source: Business Wire
Increases the firm’s light industrial warehouse portfolio in Atlanta to more than 7.7 million square feet DALLAS--(BUSINESS WIRE)-- Colony Industrial announced today it has acquired the Atlanta NE/I-85 Industrial Portfolio consisting of nine Class A warehouse properties in Atlanta, Georgia, in a transaction that closed on September 26, 2018. Colony Industrial is the light industrial platform of Colony Capital, Inc. (NYSE: CLNY), a diversified global real estate investment firm with $43 billion of assets under management. The properties are located in Atlanta’s prime Northeast industrial submarket, totaling 890,920 square feet in six buildings at 2150 Boggs Road Northwest (Buildings 100, 200, 300, 400, 500 and 600) in Duluth, GA; one building at 1645 Satellite Boulevard in Duluth, GA; and two buildings at 2925 and 3255 Shawnee Industrial Way in Suwanee, GA. Their location offers immediate access t
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