AP NEWS

Dalfen Industrial Expands its Atlanta MSA Footprint

November 6, 2018

DALLAS, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Dalfen Industrial announced today the acquisition of three industrial buildings in the Atlanta MSA. The properties are located at 120 Westridge Industrial Blvd, in McDonough, and 5100 and 5150 Peachtree Industrial Blvd in Norcross, GA.

“Atlanta’s industrial property market has been one of the country’s top preforming, and we anticipate this trend to continue”, said Sean Dalfen, Dalfen Industrial President and CIO. “From population growth, business climate, to cost of living, Atlanta has it all, and we intend on substantially growing our presence in the area over the next 18 months”

The Corners North property, constructed in 2001 and 2005 (5150 and 5100, respectively), consist of warehouse and office units with clearance of 24’ and 22’. 5100 has 16 rear configured loading doors, 5150 offers 13. Tenants include Ritecom Group Inc., TCS Digital Solutions, LLC and Sparus Holdings Inc. Building 5100 is currently vacant and offers units ranging from 6,000 square feet to 19,500 square feet.

The Westridge Center was built in 2000. The building has 24′ clear ceiling heights, a total of 28 dock-high doors and 1 grade-level door, and 120′ truck court depth. The property has immediate access to I-75 which is one of Atlanta’s three major interstate highways. The building is currently 100% leased. Tenants include Trojan Battery Holdings, LLC; Hajoca Corporation; Baker Distributing Company, LLC.

With these transactions, Dalfen now owns over 800,000 square feet of industrial property in the Atlanta MSA.

Dalfen Industrial is one of the nation’s largest buyers of industrial real estate and is a leader in the last-mile property sector. Their investment focus is on strategically located urban infill warehouses and distribution buildings. Dalfen Industrial currently owns and operates millions of square feet of premier industrial properties throughout the Unites States and in Canada.

For further information, contact:

Dalfen Industrial info@dalfen.com

Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/dbfe1a53-fe52-462e-8d0b-7e6df5737d01

http://www.globenewswire.com/NewsRoom/AttachmentNg/678d4003-d176-4a42-af70-381b93025ee0

http://www.globenewswire.com/NewsRoom/AttachmentNg/4df3340c-fb7c-47f8-8ce1-169518a24686

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