Firestone Partners, in partnership with Matterhorn Venture Partners (MVP), and Fox Capital Partners (FCP), announced the acquisition of a 25,382-square-foot, light-industrial building located at 1717 Koppers Road in Conley, Ga., within Atlanta’s airport industrial submarket.
The single-tenant property, situated on 3.07 acres, represents a value-add acquisition opportunity in one of the region’s most land-constrained logistics corridors. Firestone has executed a new five-year triple-net lease upon closing with one of the largest truck transporters in the United States, underscoring the property’s strategic location and long-term desirability for logistics and distribution users. The lease features steady annual rent escalations and two additional five-year renewal options.
The business plan includes a comprehensive capital improvement program, inclusive of a full office replacement, new sprinkler system, roof and exterior upgrades, lighting enhancements and other
