ATLANTA—Mason Mill Distribution Center, a newly-constructed 340,000 square-foot class A industrial property in Atlanta's northeast submarket of Buford, GA, has traded hands. JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT, acquired the asset for $31 million.
The industrial property is fully leased to a publicly-traded global pharmaceutical distribution company through 2027. The tenant invested heavily in the property which is a mission critical facility servicing the southeast region.
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