Highway 92 was purchased as a “take out” of a speculative development project. Initially underwritten as vacant, the building pre-leased in its entirety to a single user, during our due diligence period. This Class A facility is well designed to serve multiple users and has extra trailer storage, as well as extra car parking. Located just off I-75 in northwest Atlanta, it is well positioned for the Greater Atlanta market as well as the Southeast as a whole. The asset is currently 100% leased to a provider of warehousing and transportation services.
The case studies presented herein are presented for informational purposes only. A full list of all investments made by Cabot during the past 12 months will be provided upon request. It should not be assumed that the recommendations made in the future will be profitable or will equal the performance of the investment presented herein.