CBRE Global Investors Fund Acquires State-of-the-Art Distribution Center in Atlanta Area

A fund advised by CBRE Global Investors has acquired Broadway Distribution Center, a 613,440 square foot Class A industrial building in the Atlanta area that is fully leased to a major internet retailer.

Located at 650 Broadway Avenue in Braselton, Ga., the newly constructed cross-docked distribution/warehouse center features state-of-the-art building specifications including a 36-foot clear height, ESFR fire suppression, 190 – 200 foot all-concrete truck courts, TPO roof with 20-year warranty, ample auto parking expandable to over 212 spaces, and 171 trailer storage spaces that can be expanded to 265 spaces. Additionally the tenant has invested heavily to customize the space for their operations including installation of air conditioning and LED lighting throughout the entire building, as well as an extensive racking and conveyor system.