(Read more on the industrial market.)
McDONOUGH, GA-Chicago-based First Industrial Realty Trust Inc. has acquired an 833,000-sf distribution facility at 180 West Ridge Parkway on behalf of its development/repositioning joint venture with the California State Teachers Retirement System.
The building is cross-docked with 500-foot building depth, 32-foot minimum clear height and features 182 dock high loading positions, four drive-in doors, 200-foot truck court depth and 189 trailer storage positions. The building is 100% vacant.
The transaction was handled by First Industrial Realty Trust senior investment officer Brady Scott and investment officer David O'Reilly, both of whom are based in Atlanta. Tom Shafer, of Resource Real Estate Partners, represented the seller.
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