Dalfen Industrial Acquires Snapfinger Woods Distribution Center
DALLAS, April 03, 2019 (GLOBE NEWSWIRE) -- Dalfen Industrial has announced the acquisition of Snapfinger Woods Distribution Center located at 5335, 5365 Dividend Drive and 5370 Truman Drive in Decatur, GA. This purchase is the latest addition to Dalfen’s rapidly growing footprint in Atlanta, which includes 12 properties totaling more than 760,000 square feet.
The portfolio is comprised of three adjacent industrial buildings totaling 196,469 square feet, in addition to 5.2 acres of additional developable land. The properties are well positioned for last mile distribution, servicing a population of over six hundred thousand in a 10-mile radius and are ideally located near I-20 and within a 20 minute drive to both Downtown Atlanta and to Hartsfield-Jackson Atlanta International Airport .
Currently 84% occupied; major tenants include LabCorp, Laboratory Corporation of America Holdings (LabCorp), an American S&P 500 company operating one of the largest clinical laboratory networks in the world and Fastenal, an American Company with over 2,600 branches and 18,000 employees operating internationally and publicly trading on the NASDAQ.
“Atlanta has some of the best fundamentals of any metro across the country,” says Sean Dalfen, President and CIO of Dalfen Industrial. He added, “Businesses and people continue to be flocking to this market, and we continue to grow our presence in the area in order to cater to the growing demand for high quality fulfilment locations.”
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 United States and in Canada.
For further information, contact:Dalfen Industrial firstname.lastname@example.org
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