Login

Granite Makes First Move Into Atlanta With $107 Million Deal

CEO Points to Tough Investment Market for US Industrial as REIT Buys Three Properties
Granite REIT paid $22.2 million in a sale-leaseback deal for a facility that serves as the Canadian headquarters of GameStop in Brampton, Ontario. (CoStar)
Granite REIT paid $22.2 million in a sale-leaseback deal for a facility that serves as the Canadian headquarters of GameStop in Brampton, Ontario. (CoStar)
CoStar News
November 5, 2020 | 11:24 P.M.

Granite REIT raised its distribution 3.4% and added $57.1 million in assets as it showed the durability of industrial property in the pandemic, momentum that carried the Toronto-based company into the Atlanta market for the first time.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Granite Makes First Move Into Atlanta With $107 Million Deal