MCDONOUGH, FAIRBURN AND BRASELTON, GA. — An affiliate of USAA Real Estate Co. has acquired a three-building, 2.8 million-square-foot industrial portfolio in metro Atlanta. The Class A bulk distribution warehouses are fully occupied by Home Depot USA Inc., Owens Corning Insulating Systems LLC and PETCO Animal Supplies Stores Inc. Home Depot’s 1.2 million-square-foot distribution center is in McDonough, Owens Corning’s 1 million-square-foot distribution center is in Fairburn and PETCO’s 506,200-square-foot distribution center is in Braselton.
“The Atlanta industrial portfolio offers a unique opportunity to acquire three premier quality distribution facilities within a core inland port market,” says Pat Duncan, chairman and CEO of USAA Real Estate Co.
The buildings benefit from their proximity to the Port of Savannah.