On behalf of ownership, Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for 185 Rus Drive (the “Property”) – a fully leased manufacturing and distribution facility totaling 76,950 square feet. The Property is located within Atlanta’s I-75 North Corridor, where a robust labor market and historically strong tenant demand are pushing rental rates to new levels.
The Property is 100% leased to Core Plastech International, a wholly owned subsidiary of Time Technoplast Ltd. The Property is situated on 5.10 acres totaling 76,950 square feet. The original premises was 33,000 square feet and was recently expanded by 43,950 square feet. The brand-new expansion space features a new office space, LED lights, provision for a 10-ton crane, and a 33’ clear height. The original premises was also upgraded with new LED lighting and an upgraded fire-suppression system. Time Technoplast Ltd. has executed an unconditional guaranty of the Tenant Entity's performance for the lease term including any future lease extensions.
Situated in Calhoun, GA, a top manufacturing submarket in the Southeast, the property is centrally located in the burgeoning I-75 North Corridor between Atlanta and Chattanooga. The Property is located within a 5-minute drive to I-75. This offering represents an opportunity to acquire a fully stabilized industrial asset located in an extremely tight industrial market which has seen high fundamental growth.