Small Bay Daily - June 25 - Corepoint sells midbay industrial facility in Atlanta MSA

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NEWS ROUNDUP

DISPOSITION: Corepoint sells midbay industrial facility in Atlanta MSA. Corepoint Real Estate has facilitated the sale of 4455 River Green Parkway in Duluth, Georgia. The property features an industrial facility totaling 231,000 SF. The buyer was Sagard Real Estate. Matthew DiVito led the Sagard deal team. Abe Smouha and Marc Smouha with Corepoint facilitated the off-market transaction.

ACQUISITION: STL Commercial brokers sale of Orlando-area small bay for $4.9M. STL Commercial has facilitated the sale of 700 Atlantis Road in Melbourne, Florida. The property features 3 multi-tenant industrial buildings totaling 31,621 SF. Max Loria and David Richman represented the buyer in the off-market transaction.

ACQUISITION: Eleventh Street Partners buys small bay asset in Atlanta metro area. Eleventh Street Partners (ESP) has acquired a 14,000 SF multi-tenant small bay industrial asset in Suwanee, Georgia. ESP closed the all-cash transaction in under 45 days with no contingencies. Anand Nair led the ESP deal team, while Brad Pope from Hailey Realty Co. facilitated the off-market transaction.

DISPOSITION: APEX Capital Realty sells small bay asset in Tampa for $3.75M. APEX Capital Realty has facilitated the sale of 4214 West Virginia Avenue in Tampa, Florida. The property features a 45,560 SF multi-tenant industrial building. Carl Gorman and Felipe Escobar led the APEX deal team in the transaction.

DISPOSITION: CBRE sells shallow bay facility in Indianapolis area for $188/SF. CBRE has facilitated the sale of 10730 Bennett Parkway in Zionsville, Indiana. The property features a 30,000 SF building and sold for the highest price per SF ever achieved for industrial in Zionsville. Sarah Greer and J.D. Graves with CBRE represented the seller in the transaction. Mike Cole and Ryan Mungovan with Terra Real Estate represented the buyer.

LEASE SIGNED: Cushman & Wakefield leases shallow bay site in Denver area. Cushman & Wakefield has facilitated the leasing of 43,350 SF at the Ascent Commerce Center, located at 17776 East 84th Avenue in Commerce City, Colorado. The new tenant is Hubstarr. Drew McManus, Bryan Fry, Ryan Searle, and Shannon McBroom with CushWake represented the landlord, Ambrose.

NOW HIRING

Captiva Partners is hiring a Vice President of Asset Management & Operations to help lead execution across its growing small-bay industrial portfolio.

This is a hands-on, entrepreneurial role for someone who combines strong investment judgment with the ability to drive leasing, capital projects, property operations, and business-plan execution.

The position is based in San Diego and offers a meaningful path to growth.

SMALL BAY PROPERTIES FOR SALE

Click on each photo for more information.

94,638 SF | 5.87 AC | 4 Buildings | 23 Units Ranging from 2,450-4,900 SF with Ability to Combine up to ±8,000 SF | Built in 2009, 2013, 2015, and 2019 | Diverse Tenant Base with 100% Occupancy | 7.32% in-Place Cap Rate | Below-Market Rents | Located in Deer Creek/Edmond Growth Corridor | Asking Price: $11,500,000

14,400 SF | 0.54 AC | Unit Sizes Ranging Between 800-2,400 SF | 100% Leased to 17 Tenants | Concrete Block Construction | Property Manager on Site

26,877 SF | 1.37 AC | 100% Occupied Value-Add Opportunity | Brand-New Roof | Zoning Allows Auto Repair | Large Monument Sign | Close to I-75 and I-285

SMALL BAY PROPERTIES FOR LEASE

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1,785-3,570 SF | 2 Units Available | Unit 3 Has Small Office and 1 Grade-Level Door | Close to I-80, I-5, Golden State Highway, and Sacramento Executive Airport

5,000 SF | New Construction | Versatile Layout | High Ceilings for Added Vertical Storage | Well-Appointed 250 SF Office Area | Excellent Location with Easy Interstate Access | Oversized Drive-in Door

1,831-3,008 SF | 3 Space Available | Each Unit Includes Its Own Loading Door, Warehouse Floor, Office Space, and Private Restroom | Convenient Access to Nearby Commercial Corridors and Major Thoroughfares

ONE MORE THING

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