COFE Properties has secured $35.742 million in financing for the Atlanta Small Bay Portfolio, a seven-building, shallow-bay industrial complex totaling 397,959 square feet in Atlanta.
The portfolio consists of properties strategically positioned in northeast Atlanta. The buildings range from 45,000 to 77,000 square feet with clear heights between 18 and 22 feet, offering flexible rear configurations with both dock-high and drive-in capabilities designed for multi-tenant occupancy. The sponsor plans to implement strategic capital improvements, including building enhancements, site work and tenant-space upgrades, to position the properties competitively within the market.
The properties feature average tenant suite sizes of 8,650 square feet that are 83.6 percent leased to a diverse roster of 35 tenants spanning wholesale and distribution, specialty trades, logistics, construction and home improvement industries.
JLL worked on behalf of the borrower to secure a lo
