Dermody Properties has announced the acquisition of 3851 Lakefield Drive in Forsyth County, Ga., a 61,000-square-foot logistics facility located in one of Atlanta’s most populated suburban areas. The acquired property also includes a 10-acre development site, where Dermody Properties will develop LogistiCenter at South Forsyth, a new 93,320-square-foot state-of-the-art class A logistics facility.
Dermody Properties purchased 3851 Lakefield Drive and the adjacent 10 acres from Florida Food Products, a Florida-based agribusiness, which is consolidating operations to another regional facility. The property is in South Forsyth County, with strong infrastructure to provide access to Georgia State Route 400 to the west and Interstate 85 to the east.
“This infill property is a great addition to our growing list of logistics offerings in the Southeast,” said Wes Hardy, Southeast region partner at Dermody Properties. “The South Forsyth and surrounding communities of Alp
