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Investor Strikes Deal for Largest Industrial Buy in Atlanta Area This Year

CIP Real Estate Pays Nearly $127 Million for Gwinnett Commons
CIP Real Estate paid nearly $127 million for Gwinnett Commons, a 1.2 million-square-foot industrial park northeast of Atlanta. (CoStar)
CIP Real Estate paid nearly $127 million for Gwinnett Commons, a 1.2 million-square-foot industrial park northeast of Atlanta. (CoStar)
CoStar News
September 21, 2020 | 8:05 P.M.

A Southern California investor that's snapping up and renovating older warehouses and distribution centers across the country has acquired a master-planned park in what ranks as the Atlanta market's largest industrial sale of the year.

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