Hillwood Acquires 1 MSF Industrial Property in GA
- Mar 28, 2019
Hillwood has acquired Valentine 85 Logistics Center, a recently completed Class A bulk distribution property in Pendergrass, Ga., an industrial submarket northeast of Atlanta. The property totals more than 1 million square feet in size.
Situated at 117 Valentine Industrial Parkway, the property is located close to Interstate 85 and is about a one-hour drive from downtown Atlanta. USAA Real Estate/Seefried recently completed Valentine 85 Logistics Center, which features modern design specs including 40-foot minimum clear height, tilt-up concrete construction, 7-foot ductilcrete floors, 50-foot by 56-foot bays with 60-foot speed bay, 185-foot full concrete truck courts and parking for 446 cars and 267 trailer positions.
“With the addition of Valentine 85, we can now accommodate customers ranging from 50,000 square feet to 1,000,000 square feet throughout metro Atlanta,” said Amy Curry, Senior Vice President at Hillwood, in prepared remarks.
Last month, Ackerman & Co. sold two industrial buildings located within the Stone Mountain Industrial Park in metro Atlanta. The firm previously sold a 1 million-square-foot logistics center in Braselton, Ga., for $70 million to Uline Inc., in December.