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Meniscus Group Picks Up Atlanta Facility

Meniscus Group Picks Up Atlanta Facility
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Accomplished in 2001, the commercial constructing options 24-foot clear heights, eight drive-in doorways and an ample truck court docket.. Picture courtesy of JLL

Meniscus Group has acquired a 102,856-square-foot industrial property in Temple, Ga. JLL negotiated on behalf of the vendor, Ackerman & Co.

Janus Worldwide Group, a producer of self-storage and industrial roll-up doorways, occupies all the facility.

The property has 24-foot clear heights, six dock-high doorways, eight drive-in doorways, a 290-foot truck court docket and consists of practically two acres of paved outside space for storing. The constructing got here on-line in 2001 and was expanded in 2006. It beforehand traded in 2021, when Ackerman & Co. paid $6.8 million to Janus Worldwide, in keeping with Carroll County public data.

READ ALSO: Funding Issues: Navigating CRE’s Fluid Capital Markets

The asset is at 134 Janus Worldwide Blvd., near Interstate 20 and State Freeway 78. It’s also 10 miles from Carrollton, Ga., 39 miles from Atlanta and inside 45 miles of Hartsfield-Jackson Atlanta Worldwide Airport. Janus Worldwide’s headquarters is adjoining to the property.

JLL Senior Managing Administrators Dennis Mitchell and Britton Burdette, along with Managing Administrators Jim Freeman and Maggie Dominguez represented the vendor.

Atlanta ranked eighth for industrial gross sales in 2024

Atlanta’s industrial investments totaled $2.6 billion final 12 months, in keeping with a latest CommercialEdge report, rating eighth nationwide. Dallas-Fort Value took the primary spot for industrial funding quantity, with practically $6 billion in gross sales.

In December final 12 months, Foxfield expanded its footprint within the Southeast space with the acquisition of an industrial property. The corporate paid $19 million for a 169,252-square-foot asset in Duluth, Ga., marking its 14th acquisition made via its Foxfield Open-Finish Fund.



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