Realterm, an independent global investment manager focused on the transportation industry, today announced the acquisition of 2704 Bouldercrest Road, a 29.1-acre truck terminal and fleet maintenance facility located in Atlanta, GA.
The property, which includes a 31,200-square-foot, 66-door terminal and an 11,500-square-foot, 14-door maintenance shop, is located in the highly sought after Southeast Atlanta industrial submarket. The site also includes 9 acres (275 trailer stalls) of fully paved, excess parking.
“Atlanta is the fifth largest industrial market in the U.S., and among the fastest growing Metropolitan Statistical Area’s (MSA) in the country,” said Ed Brickley, Managing Director and Senior Fund Manager, Realterm. “The health of this market, combined with a scarcity of developable land in the area, make this a strategic acquisition for Realterm to grow in a region that’s already thriving.”
This well-located property is positioned for unparalleled connectivity, benefiting from proximity to I-285, I-20, I-675 and Hartsfield-Jackson International Airport, ensuring users can operate efficiently.
“Truck terminal and maintenance shop sites of this size rarely become available for lease, driving demand from tenants,” said Arnie Capute, Vice President, Investments, East Region, Realterm. “The scale as well as the functionality of the asset will command interest from multiple user types creating long-term value for Realterm and future users.”
Douglas Biggs, Lewis Sloan and Grant Cochran of Colliers International facilitated the transaction and represented the seller.
About Realterm
Realterm is an independent global investment manager focused on the transportation industry. We acquire, develop, finance and manage differentiated real estate and infrastructure assets serving land, air, sea and rail networks across the world. Realterm currently manages over 11 billion USD in assets on behalf of global institutional investors.
