JLL closes $116.5 Million sale of a state-of-the-art industrial portfolio in Dalton, GA
United States, May 2 -- JLL Capital Markets announced today the $116.5 million sale of two state-of-the-art industrial buildings totaling 1,176,744 square feet at Greenpoint Industrial Park in Dalton, Georgia.JLL represented the developer and seller, Dossche Holdings, in the sale. A joint venture between LX Pantos and KOBC (Korea Ocean Business Corporation) advised by IGIS Asset Management acquired the asset.The Class A portfolio consists of two fully leased buildings situated in a newly constructed logistics park. 128 Innovation Drive, completed in 2023, spans 603,166 square feet, and 342 Innovation Drive, finished in January 2024, totals 573,578 square feet. Both facilities feature 36-foot clear heights, 60-mil TPO roofs with 20-year warr...
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