Exeter Property Group, a privately-held real estate investment firm based in Pennsylvania, acquired a portfolio of nine bulk industrial properties totaling 2.4 million square feet from Clarion Partners.
Cushman & Wakefield’s National Industrial Advisory Group, including Executive Director Stewart Calhoun; Executive Director David Meline; Director Samir Idris; and Senior Associate Casey Masters, represented Clarion Partners in the portfolio sale.
Buildings involved in the sale were 7700 and 7780 Spence Rd., 4700 Stalwart Dr., 5003 Terminus Dr., 600-750 Distribution Dr. and 5720 Fulton Industrial Blvd.
The nine bulk industrial properties are located in two of Atlanta’s most established industrial submarkets - Airport/South Atlanta and I-20 West - and were fully leased at the time of sale. Major tenants includr Electrolux, Iron Mountain, Aaron’s and TOTO Americas.