Stockbridge Capital Group acquired the BlueLinx Atlanta IOS in 2021 for $31.8 million, according to data from CommercialEdge. The acquisition was funded by a $19 million loan provided by Prudential Financial.
Located near Route 29 with easy access to Interstate 85, the facility is situated at 200 Hosea Road in Gwinnett County and is approximately 34 miles away from downtown Atlanta.
Built in 1996, the BlueLinx property spans over an area of 64.7 acres with around usable acres and additional land that can be utilized for potential expansion purposes. The single-story building features insulated ceilings, active CSX rail spur, eight dock-high doors, climate control system and ample parking space for approximately vehicles.
The transaction was facilitated by a JLL Capital Markets Investment Sales and Advisory team led by Dennis Mitchcell.
Recently reported on Connect CRE , Stockbridge Capital has successfully completed its spin-off of an Atlanta-area distribution center worth $40 million through this acquisition deal.
