Georgia's IOS Market Fires on All Cylinders
Georgia's IOS market saw subleases, a $100M refi, and rapid-fire trades throughout October — the complete Georgia IOS deal flow dispatch.
The Georgia IOS Deal Flow Dispatch, October 1-29
Georgia’s IOS market didn’t just stay busy this October, it showed depth, diversity, and cross-market movement. Leasing, dispositions, financing, and buyer activity all accelerated statewide. Here’s how it unfolded:
**🔁 Leasing Momentum**
**CBRE Keeps Chattanooga Active**
At **7724 Battlefield Parkway** in Ringgold, **CBRE** handled a **2.5-acre sublease**.
In 2024, they’d already placed a sub-tenant on 5 more acres and a 9,000 SF building at the same site, showing how steady this corridor’s demand has become.
- **Dealmakers**: Barrett Kibble (CBRE) for the primary tenant; Bryan Rudisill (NAI Charter) for the sub-tenant.
**Hughes CRE Lands Sto Corp. in Atlanta**
Over at **3735 Atlanta Industrial Parkway**, **Hughes Commercial Real Estate** secured a long-term lease (with purchase option) for **Sto Corp.**
- **Property**: 92,000 SF warehouse + 2 acres IOS.
- **Hughes Team**: Cade McDonald, Mason Marsteller.
- **Landlord Team**: John Raulet, Paul Raulet, Tyler Edgarton (Raulet Property Partners).
**💼 Sales & Acquisitions**
**Finem Group Closes in Augusta**
The **Finem Group at Meybohm Commercial** sold **1242 Nowell Drive**, a **1.6-acre** site with a **22,000 SF** facility newly leased to **United Rentals**.
- **Seller Rep**: John Eckley (Finem Group).
- **Buyer**: Center Capital Partners LLC, repped by Lee Steed (Lee & Associates Atlanta).
- **Center Capital Team**: Ben Miller, Jack McNamee, Jeremy Cohen.
**VCR Realty Group Trades 4 Acres in Atlanta**
**3272 Fayetteville Road** changed hands across two industrial-zoned parcels (light + heavy).
- **Seller Reps**: John Cohen, Jake Foss (VCR Realty Group).
- **Buyer Rep**: Giles Plyler (JLL).
**Matthews Moves 1.2 Acres in Cumming**
Off-market sale of **2725 Northgate Court** wraps quietly.
- **Matthews Team**: Thomas Wilkinson, Harrison Auerbach.
**Corepoint Facilitates $4.8M Stockbridge Trade**
**645-647 Red Oak Road** totals **3 acres** and **57,000 SF** across several multi-tenant buildings.
- **Buyer**: Stoic Equity Partners.
- **Buyer Rep**: Marc Smouha (Corepoint Real Estate).
- **Stoic Team**: Jeremy Friedman, Grant Reaves.
**McWhirter Closes Peachtree Corners Sale for $3.365M**
**2954 Mechanicsville Road** - **2.85 acres**, **11,000 SF** building, sold to **Botany Bay Investments** (led by David Yankey).
- **McWhirter Team**: Peyton McWhirter.
**💰 Capital Moves**
**Cooper Horowitz Arranges $100M IOS Portfolio Refi**
A capital markets play connecting Georgia to seven other states:
- **Borrowers**: Triten Real Estate Partners (Zach Dobin) & TPG Angelo Gordon (Matt Lazar).
- **Portfolio**: 19 IOS assets in CA, FL, GA, MD, MO, PA, TX.
- **Lender**: Truist Bank.
- **Advisors**: Justin Horowitz, Ben Knopf, Joshua Tropper, Richard Horowitz (Cooper Horowitz).
**⚙️ Market Pulse**
Deals across **Atlanta, Augusta, and Chattanooga** point to two clear trends:
1. **Hybrid brokerage activity** - local firms like Hughes, Finem, and McWhirter holding ground alongside nationals like CBRE and JLL.
2. **Capital stacking upstream** - large-scale refis and portfolio trades suggest liquidity remains strong through Q4.
Georgia’s IOS market may be smaller in footprint than Texas or Florida - but it’s every bit as active, with diverse players and durable demand across metro and secondary nodes.