CUSHMAN & WAKEFIELD BROKERS SALE OF 500,000 SF WAREHOUSE IN METRO ATLANTA

CONYERS, GA. — Cushman & Wakefield has brokered the sale of the Hillphoenix Global Warehouse, a 500,000-square-foot build-to-suit industrial facility at 2016 Gees Mill Road in Conyers, part of Atlanta’s 1-20 East industrial submarket. The property features 33-foot clear heights, cross-dock design, T-8 lighting, LED wall packs/pole lights and ESFR fire protection. Hillphoenix fully leases the property and recently signed a new 15-year lease at the facility, which serves as its global headquarters. New York-based Ladder Capital purchased the property from Ashley Capital for an undisclosed amount. Stewart Calhoun, David Meline, Samir Idris and Casey Masters of Cushman & Wakefield’s Atlanta office represented Ashley Capital in the transaction.