News
Atlanta Commercial Real Estate

Prologis Puts Two On Sales Block

If at first you don't lease, try to sell it. (Those are wise words for real estate and used car salesmen.) That's Prologis' strategy with two Atlanta properties, which are now for sale. The two facilities are Prologis Atlanta West—a  95k SF flex warehouse at 6150 LaGrange Blvd—and a 97k SF flex facility at 6160 Purdue Dr. Both had been tapped for lease by Colliers.Prologis' Kent Mason says the decision to offer for sale comes at a time when interest rates seem to be remaining low. (Though we're sleeping with one eye open, in case Ben Bernanke is hiding under our bed.) "With interest rates low and the  market activity heating up, we see an opportunity to fill vacancies through sales to users, increasing overall occupancy and achieving competitive market prices," Kent told us. The company is seeking more than $2.5M on each building, he says.

Continue reading this story with a free account

Log in or register
Related Topics: Ben Bernanke , Kent Mason
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

State Farm's 1.1M SF Suburban Atlanta Hub Put Up For Sale

Kroenke Announces $135M Renovation For Denver's Ball Arena

Iconic Jersey Shore Property Hits The Market For $85M As Redevelopment Play

Tennessee University Plans Campus In Chamblee: The Atlanta Deal Sheet

Bisnow's 2026 DEI Data Series

Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

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