Dividend Unloads ATL Warehouse

We just got word--thanks to an SEC filing--that CBRE's Chris Riley, Brian Budnick, and Frank Fallon just participated in a huge multistate industrial transaction for Dividend Capital Diversified Property Fund. Dividend just unloaded a portfolio of 12 industrial properties encompassing some 3.4M SF and 98% occupied to a fund managed by JPMorgan for $175M. Among those properties was 130 Greenwood Industrial Pkwy, a 491k SF warehouse leased to The Sports Authority, Chris (seen here on right with Hartman Simons' Summey Orr during a 2012 Bisnow event) tells us.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse Fire

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Data Center Demand Has Made IOS An Institutional Capital Playground

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power