Dalfen Industrial recently purchased two buildings in Atlanta located in the I-75 Northwest submarket at 505/515 Brown Industrial Blvd, Canton, GA. The two-building industrial park totals 112,000 square feet. The property is an ideal last mile location with close proximity to I-575 as well as Georgia Highways 20 and 400. Tenants in the area include Amazon, Penske, Thyssen Krupp, and Papa Johns.
The Woodstock/Canton submarket of Atlanta is a truly supply-constrained area due to extensive population growth coupled with natural barriers to entry, which are reflected through the vacancy rate of 1.1%. Within a 30-minute drive from the property, you can access over half a million people with very strong demographics.
“We are thrilled to add two more buildings to our growing portfolio in Atlanta,” said Kevin Caille, Market Officer at Dalfen Industrial. “As a critical southeast distribution hub with a strong business climate and population growth as well as demand consistently outpacing supply, the industrial park already has attracted interest of many tenants.”
“Atlanta is a key market for our firm” said Sean Dalfen, President and Chief Investment Officer at Dalfen Industrial. “The property’s location, the area’s demographics and the fact that it’s among the only supply in this submarket makes it a great addition to our Atlanta portfolio.” With this acquisition, Dalfen’s Atlanta portfolio reaches over 2.7 million square feet.