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Berkeley Sells Atlanta-Area Industrial Portfolio to Unilev Capital for Premium

Berkeley Partners Acquired Warehouses in 2021 From Developer Ackerman & Co.
Unilev acquired this portfolio of shallow-bay industrial distribution buildings in the Atlanta suburb of Norcross, Georgia. (CoStar)
Unilev acquired this portfolio of shallow-bay industrial distribution buildings in the Atlanta suburb of Norcross, Georgia. (CoStar)
CoStar News
January 31, 2024 | 10:50 P.M.

Berkeley Partners sold a portfolio of 1970s-era warehouses in suburban Atlanta for about $18 million, representing a 50% premium compared to its purchase price in 2021.

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