Urban Atlanta Portfolio

Various locations

Description

On behalf of the ownership, Jones Lang LaSalle America, Inc. ("JLL") has been exclusively retained as the sales representative for the Urban Atlanta Portfolio (the "Portfolio"). The Portfolio comprises six (6) assets spanning 404,424 SF of multi-tenanted shallow-bay industrial space located in irreplaceable infill locations. Strategically positioned within the sought-after Northeast, Northwest, and Chattahoochee industrial submarkets of Atlanta, the Portfolio benefits from superior connectivity and adjacency to Atlanta's core population centers.

Boasting a diverse and granular tenant base of 46 tenants (8,232 SF avg. suite size), the Portfolio demonstrates 2.6 years of weighted average remaining lease term and a 15% mark-to-market opportunity. Three of the six assets are located in the Northeast submarket (44% of portfolio SF), with the balance located in the Northwest submarket (42%) and the Chattahoochee submarket (14%). On average, the Portfolio is located just 5.5 miles away from I-285 providing direct access to Atlanta's major thoroughfares.

Atlanta's industrial market remains on of the strongest in the nation and is underpinned by robust demographic growth in addition to its close proximity to America's major population centers (80% of Americans reachable in a 2-day drive). In terms of tracked tenant demand, Atlanta has approximately 49 million SF of active requirements in the market ranking third nationally. This demand has materialized with 1H 2025 leasing volumes reaching 21.4 million square feet, on pace for the fifth best year in Atlanta history.

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Attributes

Building area gross

37,540 m²

Occupancy

93.6%

Number of buildings

WALT

2.6 years

Mark-to-Market

15.3%

Urban Atlanta Portfolio (6 Properties)

Media

Investment Highlights

Strong Financial Metrics

93.6% occupancy
2.6 years of WALT
15.3% mark-to-market opportunity
$4.3M Yr. 1 NOI

Irreplaceable Infill Product

Portfolio consists of 6 irreplaceable light industrial assets, each infill to their community and growing in demand due to supply constrains
Stable in-place tenancy and balanced expiration schedules mitigate downside risk, enabling investors to selectively carry out leasing strategies throughout their desired hold period

Sought After Locations

All assets are located in close proximity to major logistical thoroughfares such as I-85, I-75, and I-285, connecting the properties to the greater Atlanta MSA and delivering exceptional access to the surrounding affluent neighborhoods and multiple growing residential nodes
Average distance to I-285 is 5.5 miles
The Portfolio’s strategic location provides its tenants with crucial last-mile delivery capabilities for their operations within the Atlanta MSA

Exceptional Institutional Quality

Exceptionally maintained, in-demand institutional quality warehouse product with no major immediate capital improvements needed
Majority of tenants on NNN leases, further adding to the institutional quality of the portfolio and its tenant base