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Plymouth Industrial REIT Picks Up 330,000-SF I-20 East Portfolio in Greater Atlanta

First Industrial Completes $11.4 Million Sale
February 26, 2018
Plymouth Industrial REIT (NYSE: PLYM) expanded its Southeast holdings with the Boston-based firm's purchase of the I-20 East Portfolio from First Industrial Realty Trust for $11.4 million, or about $35 per square foot.

The 330,361-square-foot portfolio consists of three fully leased, single tenant industrial buildings located at 1665 and 1715 Dogwood Dr. in Conyers, GA, and 11236 Harland Dr. in Covington, GA.

Dennis Mitchell and Matt Wirth of Colliers International's industrial investment services group in Atlanta represented the seller in negotiations.

Please see CoStar COMP #4096086 for more information on the transaction.
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