River Park 6_판매용 부동산
River Park 6_판매용 부동산

River Park 6

450 Logistics Parkway, Jackson, GA, 30233, US

묘사

Jones Lang LaSalle America, Inc. (“JLL”) has been exclusively retained to represent ownership in the disposition of River Park 6 (the “Property”) – a premier Class A distribution facility encompassing 724,687 square feet within Atlanta’s coveted I-75 South submarket. This institutional-quality asset occupies a strategic position with immediate access to Interstate 75, one of Atlanta’s principal logistics arteries, providing seamless connectivity to the Atlanta MSA, the Port of Savannah, and key Florida markets. The Property is currently 46% leased to Travelpro with 7 years of remaining term.


The Property is located in River Park E-Commerce Center, Atlanta's "Gateway" location and first stop from the Port of Savannah, allowing for an unloading point which avoids all Atlanta traffic and provides same-day turnaround back to the Port. River Park is the fastest growing park in the state, having seen 4.4 million square feet of absorption since the start of 2024, along with a planned $13 billion Amazon datacenter investment, by far the largest deal ever done in the state of Georgia. River Park 6 benefits from its position in the I-75 South submarket, one of Atlanta’s most dynamic industrial corridors. Recent development activity in the submarket has been notably restrained, with just 1.5 MSF completed this year, representing less than 2% of total inventory. Rental rates have surged dramatically, increasing 71% since 2021 and outpacing broader market growth by 200 basis points. Absorption dynamics have been robust, with 4.4 MSF absorbed over the last six quarters, a volume exceeding the previous two years combined, while average vacancy has maintained a healthy 6.54% since 2021.


River Park 6 represents a compelling investment thesis driven by its strategic location along the I-75 corridor, state-of-the-art specifications, and optimal positioning to leverage the substantial population and economic expansion occurring throughout Atlanta and the Sunbelt.

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개요

건물 면적 순
67,326 제곱미터
클리어 높이
12.19 m
건축년도
2023
점유율
46%
남은 임대 기간
7 년

미디어

투자 하이라이트

STATE-OF-THE-ART CLASS A++ CONSTRUCTION

  1. Cross-dock configuration
  2. 40’ clear height
  3. 185’ truck courts (fully concrete)
  4. 45-mil TPO roof with 15-year warranty
  5. ESFR fire protection
  6. 154 trailer spaces - expandable to 238


FINANCIAL HIGHLIGHTS

  1. 46% leased - 7 years of term remaining
  2. 4.00% annual escalations
  3. Travelpro - market leader for three decades


STRATEGIC LOCATION

  1. Direct access to I-75
  2. Access to high-quality, growing labor
  3. Access to Port of Savannah (~220 miles) - the nation’s fourth largest container port
  4. Atlanta's "Gateway" location and first stop from the Port
  5. Unloading point from the Port, which avoids all Atlanta traffic and provides same-day turnaround back to the Port
  6. Industrial zoning halted north of the location


SOUTH I-75 SUBMARKET

  1. 1.5 MSF completed this year, less than 2% of the total inventory
  2. Rents increased 71% since 2021, outpacing Atlanta by 200 bps
  3. Average vacancy 6.5% since 2021
  4. Atlanta’s leading submarket for demand volumes in 2024 - 43% of total annual absorption


RIVER PARK E-COMMERCE CENTER

  1. Fastest growing park in the state - 4.4 million square feet of absorption since the start of 2024
  2. Planned $13 billion Amazon datacenter investment - largest deal in Georgia
  3. Drive time to Atlanta similar to McDonough
  4. Other tenants: Procter & Gamble, Amazon, GreenBox, Yusen Logistics, and Quanex
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