Stockbridge sells BlueLinx Atlanta industrial outdoor storage facility
Stockbridge announced the $40 million sale of BlueLinx Atlanta IOS, a low-coverage/IOS distribution facility totaling 585,637 square feet in Lawrenceville, Ga.
JLL worked on behalf of the seller to procure the buyer, institutional investors advised by J.P. Morgan Global Alternatives.
The property sits on a 64.7-acre parcel with approximately 55 usable acres and 4.5 additional acres for potential future expansion. Key building features include 28-foot clear heights, active CSX rail spur, eight dock-high doors, 42 grade-level drive-in bays, a fully paved yard and ample storage sheds.
Located at 200 Hosea Road, BlueLinx Atlanta IOS is situated less than one mile from the Gwinnett County Airport and 2.5 miles from the GA-316 and U.S. 29 interchange. The asset is also located 8.9 miles from Interstate 85, which acts as the region’s logistical connection connecting three major distribution corridors: Interstate 85, Interstate 20 and Interstate 285, which provide vit