JW Mitchell recently completed the sale of two warehouses in the Southeast region, one located in Atlanta and the other in Memphis. The transaction was facilitated by CBRE, who also secured $69.9 million in acquisition financing for the portfolio totaling over 1.6 million square feet.
Leading the team representing JW Mitchell was Frank Fallon from CBRE, while Brian Linnihan headed a group that successfully obtained a loan from Wells Fargo on behalf of the buyer.
The first facility is a 613,440-square-foot cross-dock warehouse situated in Braselton, Georgia and built just five years ago. It is currently fully occupied by a major e-commerce provider.
The second property is an even larger 1,013