Colliers International Brokers $11.4 Million Sale of a Three Building, 330,361 SF Portfolio

2/22/18

Colliers International’s Atlanta-based Industrial Investment Services Group recently closed on the $11.4 million sale of the I-20 East Portfolio, a 330,361 -square-foot portfolio of three single tenant industrial assets. The properties are 100% leased and located in Conyers & Covington, GA in the I-20 East Submarket, where vacancy has remained at historically low levels due to robust tenant activity.

Dennis Mitchell and Matt Wirth of Colliers represented the seller, First Industrial Realty Trust in the transaction, and Plymouth Industrial REIT was the buyer.

The I-20 East Portfolio has immediate proximity to I-20 via Alcovy Road (Exit 92), West Avenue (exit 80) and Sigman Road (Exit 78) and less than 40 miles from Hartsfield-Jackson International Airport.

About Colliers International Group

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

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