Brennan, Global Gate Purchase 522,410 SF Industrial Portfolio in Dalton, Georgia

by John Nelson

DALTON, GA. — A joint venture between Brennan Investment Group LLC and Global Gate Capital has purchased Greenpoint Industrial Park Buildings 1-3, a portfolio of newly built industrial assets in the northwest Atlanta suburb of Dalton totaling 522,410 square feet. An entity doing business as Dossche Holdings LLC sold the portfolio for an undisclosed price. Dennis Mitchell, Britton Burdette, Matt Wirth, Mitchell Townsend and Bo Osgood of JLL represented the seller in the transaction.

Completed in 2022, the buildings were 100 percent preleased during construction to The Recreational Group, which designs, manufactures and installs recreational surfacing products, including synthetic turf and composite modular tile.

Situated 24 miles from Appalachian Regional Port, the three-property portfolio along Duckworth Road makes up the first phase of the master-planned Greenpoint Industrial Park, the second phase of which will add an additional 1.2 million square feet. Austin Kriz and Tom Cromartie of JLL handle leasing at the park and led efforts to finalize the stabilization of Phase I.

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