ATLANTA—KBS’s REITs have been busy selling and buying assets in the Southeast this week. KBS REIT I sold the Hartman Business Center One while KBS REIT II sold Hartman Business Center II. Both industrial assets are in the Atlanta submarket of Austell, GA.

Located 18 miles west of Downtown Atlanta, Hartman Business Center One sold for $16.1 million. The industrial asset is within the Interstate 20 West/Douglasville submarket, one of Atlanta’s most desirable industrial areas. The 1.8 million-square-foot, 150-acre master planned industrial park was built in 2006.

Hartman Business Center Two sold for $12.7 million. The 23.3-acre industrial facility in Atlanta’s Interstate 20 West submarket, 20 miles from Downtown Atlanta. The single-story building is part of the Hartman Business Center, a 150-acre master planned industrial park and is fully-leased to Nexen Tire America.