Bridge Logistics Acquires 1.6 MSF Industrial Portfolio in McDonough, Georgia

Bridge Logistics Picks Up 1.5M-SF McDonough Warehouse Portfolio

Bridge Logistics Properties acquired a two-building, 1,560,256-square-foot Class A industrial portfolio in McDonough, Georgia. The facility is 30 minutes SE of downtown Atlanta. The portfolio consists of two fully leased distribution facilities: 150 Distribution Drive (760,256 square feet) 201 Greenwood Court (800,000 square feet) In 2017, Commercial Edge reports that 201 Greenwood Court, built in 1999, traded for approximately $39.5 million. T…

Bridge Logistics Acquires 1.6 MSF Industrial Portfolio in McDonough, Georgia

MCDONOUGH, GA. — Bridge Logistics Properties, a subsidiary of publicly traded Bridge Investment Group Holdings Inc., has acquired a two-property industrial portfolio in McDonough spanning nearly 1.6 million square feet. Situated south of Atlanta via I-75, the properties in the portfolio include 150 Distribution Drive (760,256 square feet) and 201 Greenwood Court (800,000 square feet). Eastdil Secured brokered the sale. The seller and sales price…