A partnership between SilverCap Partners, Weaver Capital Partners and The Seng Co. has sold Seaboard Park, an eight-building light industrial complex totaling 267,442 square feet in Atlanta’s West Midtown area.
The financial terms were not disclosed; however, Link Logistics acquired the asset.
Seaboard Park is 95 percent leased to six tenants in diverse industries, including Georgia-Pacific, InterContinental Hotels Group, Zep and DoorDash. The property offers the tenants features such as multiple loading positions and ample parking.
From its irreplaceable location at 1310 Seaboard Industrial Blvd NW, Seaboard Park’s tenants can reach more than 1.5 million people—comprising the majority of their respective customer bases—in less than 30 minutes. The facility is proximate to some of Atlanta’s critical logistical infrastructure, including Interstates 75 and 285, the Norfolk Southern–Inman Rail Yard, and CSX Howell yard. Additionally, it is in Atlantaâ€