Colliers International has brokered the sale to LRC Properties of a 617,000-square-foot warehouse west of Atlanta. The seller was Bedford Systems LLC, a joint venture between AB InBev and Keurig Green Mountain, based in Williston, Vermont.
The building is manufacturing-ready, with 200,000 square feet of conditioned space, 37,000 square feet of office space, and more than 400,000 square feet of pure distribution space. LRC purchased the building vacant and intends to lease it as a Class A manufacturing and distribution facility.
Lee Cardwell, Scott Plomgren and Harrison Marsteller of the Colliers International Atlanta office and Kevin Gallagher of the Colliers St. Louis office represented Bedford Systems in the transaction.
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Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is an industry-leading global real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, 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.
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