Cobalt Capital Partners acquires Atlanta Industrial Properties

Irving, TX – Cobalt Capital Partners, L.P., through its Cobalt Industrial REIT II affiliate, has acquired Tradeport I and II, located at 4350 and 4380 International Parkway in Atlanta.

Located in the South Atlanta/Airport industrial submarket, Tradeport I and II are two state-of-the-art light industrial buildings totaling 436,000 square feet. Built in 1997, both buildings are multi-tenant designed with 28’ clear height, concrete tilt-wall construction and ESFR fire suppression systems. The properties are 63% leased to three tenants.

“The Tradeport acquisition is representative of the very attractive investment opportunities we are finding in the market today,” says Lew Friedland, Managing Partner of Cobalt Capital Partners. “These high quality buildings are strategically located adjacent to Atlanta’s airport and are an excellent fit with our light industrial value-add strategy.”

CBRE Executive Vice Presidents Frank Fallon and Chris Riley, along with Associate Brian Budnick, brokered the sale of the buildings on behalf of the seller, James Campbell Company LLC, for an undisclosed sum.

Cobalt Capital Partners, a Dallas-based private equity firm, acquires, manages and develops light industrial properties in major metropolitan markets throughout the United States. The Cobalt Industrial REIT II is a private REIT advised by Cobalt Capital Partners. Across its national platform, Cobalt Capital Partners entities own more than 25.1 million square feet of light industrial space.

For information on Cobalt Capital Partners or to submit an investment for review, please visit our website www.cobaltcapitalpartners.com or contact:

Lewis D. Friedland
Managing Partner
Cobalt Capital Partners, L.P.
5605 N. MacArthur Blvd., Suite 350, Irving, TX 75038
Tel: (972) 893-7000 Facsimile: (972) 893-7001
E-mail: lew.friedland@cobaltcapitalpartners.com