ATLANTA-Irving-based Cobalt Capital Partners LP has purchased an industrial portfolio in Atlanta for an undisclosed price. The company acquired five buildings totaling 257,376 square feet within Atlanta's northeast industrial submarket through Cobalt Industrial REIT III.

The facilities, constructed from 1997 to 1999, feature light industrial space for several tenants. Lewis Friedland, Cobalt's managing partner, said that the acquisition has expanded the company's presence by 7.4 million square feet in the Atlanta market. For the full story, go to Dallas Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.