JV BUYS 962,280-SQUARE-FOOT DISTRIBUTION FACILITY

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COMMERCE, GA. — A joint venture between Hillwood Investment Properties and Brookfield Real Estate Opportunity Fund II has purchased a 962,280-square-foot distribution facility, located at 1523 Steve Reynolds Industrial Blvd. in Commerce, from a joint venture between Aegon and Tucker, Ga.-based Rooker & Associates for an undisclosed price. Hillwood and Brookfield plan to invest $1.2 million in building improvements to offer the facility for leasing. Todd Barton and Greg Haynes of CB Richard Ellis' Atlanta office represented the buyer in the transaction. John Rooker and Murray Reavis of Rooker & Associates represented the seller.

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