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.