Georgia IOS Market Moves: September 1 - 27
Georgia's IOS market saw a flurry of activity in September — acquisitions in Atlanta and Savannah, off-market dispositions, major leases, and portfolio financing.
Georgia IOS Market Moves: September 1 - 27
Georgia’s IOS market has seen a **flurry of activity** this September, from acquisitions in Atlanta and Savannah, to off-market dispositions, major leases, and portfolio financing. Here’s the complete breakdown, with the people who made these deals happen.
Major Acquisitions
**Catalyst Picks Up Austell IOS**
- **Transaction**: Catalyst Investment Partners acquired **2.59 acres** at 6711 Oak Ridge Commerce Way in Austell, GA.
- **Property**: **9,044 SF** service facility.
- **Catalyst Team**: Brandon Johnson, Kyle Earley.
- **Broker**: Harrison Auerbach with **Matthews Real Estate Investment Services** structured the transaction.
**Alterra Expands in Norcross**
- **Transaction**: Alterra IOS bought **2.4 acres** at 2725 Keystone Court in Norcross, GA.
- **Property**: **5,000 SF** maintenance facility.
- **Alterra Team**: Charlie Totten.
- **Broker**: Mendy Ruder with **Lee & Associates**.
**Realterm Enters Atlanta**
- **Transaction**: Realterm acquired **10 acres** at 1809 Westgate Parkway SW in Atlanta, GA.
- **Property**: **14,500 SF** maintenance shop.
- **Realterm Team**: Arnie Capute, Ed Brickley.
- **Broker**: Connor Winkler with **Lee & Associates**.
**Alluvion Partners Buys in Chattanooga Metro**
- **Transaction**: Alluvion Partners acquired **2.37 acres** at 95 Hunt Drive in Rossville, GA (Chattanooga metro).
- **Property**: **17,000 SF** clear-span warehouse.
- **Alluvion Team**: Dean Taylor.
- **Brokers**: Griffin Farriss, Bradley Worthington, Matt Garvey with **Stream Realty Partners** (now marketing property for lease).
Dispositions
**Swartz Co Sells 8 Acres in Forest Park**
- **Transaction**: Swartz Co Commercial Real Estate brokered the sale of **8 acres** across 249 & 257 Forest Parkway in Forest Park, GA.
- **Property**: **60,000 SF** warehouse, leased to Enterprise Truck Rentals & Toyota Collision Center.
- **Brokers**: Thomas Allen Farr, Ryan Swartzberg with **Swartz Co** facilitated the off-market deal.
**Matthews Facilitates Austell Sale**
- **Transaction**: Matthews Real Estate Investment Services sold **2.59 acres** at 6711 Oak Ridge Commerce Way in Austell, GA.
- **Property**: **9,000 SF** industrial building.
- **Brokers**: Harrison Auerbach & Thomas Wilkinson with **Matthews** represented the seller and sourced the buyer off-market.
Leasing
**Elmwood & OnPace Secure Savannah Lease**
- **Transaction**: Elmwood & Co. and OnPace Partners leased **10 acres** at 28 Telfair Place in Savannah, GA to **CMC Logistics**.
- **Brokers**: Zachary Zakas (Elmwood), Nathaniel Weikert & Stephen Bridges (OnPace Partners) repped landlord **Jadian IOS**.
**Elmwood Subleases Garden City IOS**
- **Transaction**: Elmwood & Co. subleased **2.15 acres** at 7 Sonny Perdue Drive in Garden City, GA.
- **Broker**: Zachary Zakas with **Elmwood** repped US Container Depot.
Financing
**Criterion & Columbia Pacific Secure $180M Refi**
- **Transaction**: Criterion Group and Columbia Pacific Advisors locked in a **$180M refinance loan** from **Axos Bank**.
- **Portfolio**: 34 IOS assets, 290 acres across 11 states including Georgia.
- **Brokers**: Christopher Peck & Peter Rotchford with **JLL** arranged the 5-year, floating-rate loan.
Takeaway
From **Atlanta’s off-market trades** to **Savannah’s leasing action** and **Chattanooga-adjacent acquisitions**, Georgia is proving to be one of the most dynamic IOS markets in the Southeast. With major institutional players like **Alterra and Realterm** stepping in, and local firms like **Swartz Co and Elmwood** keeping deals flowing- activity remains strong across all fronts.