Institutional demand for quality industrial investment assets in Metropolitan Atlanta remains at an all-time high. Lavista Associates, Inc. continues to help drive this momentum by facilitating the sale of Suwanee Commerce Center on Brogdon Road to an affiliate of Boston, Massachusetts based Cabot Properties. This 81,800 SF multi-tenant rear-load dock-high offering was delivered 100% occupied at the time of sale, with nine tenants representing seven different industries.
Developed in 2008 by a veteran local partnership, this tilt-wall project has offered the shallow-bay suites highly sought after by the tenant community in the robust Northeast Atlanta industrial submarket. Cabot has implemented property improvements and value enhancement plans for the property.
Lavista’s Will Grogan provided leasing services for this asset and was assisted by Kevin Walsh and Rush Bradley in the disposition process. Grogan will continue to act as exclusive leasing advisor for Cabot.