Group buys Ga. facility leased to Meyn America
Nov. 13, 2012
by Meat&Poultry Staff
CHICAGO – A part of Atlanta's Northwest Industrial Submarket, 1000 Evenflo Drive in Ball Ground, Ga., has been acquired by Brennan Investment Group LLC, a Chicago-based private real estate investment firm that acquires and operates industrial properties on a national basis. The 364,000 sq. ft., Class A industrial facility is 100-percent leased to SMB Machinery Systems and Meyn America.
Netherlands-based Meyn is a global leader in the poultry processing solutions business, and was recently acquired by CTB Inc., a wholly-owned subsidiary of Berkshire Hathaway. As a result, 1000 Evenflo Drive is Meyn's North American headquarters facility. SMB Machinery Systems is a national leader in the hospitality and beverage equipment business, and is based in the property.
"Atlanta is an important industrial market, with over 605 million square feet, demonstrating its role as the transportation hub of the Southeastern US," said Michael Brennan, Chairman and Co-Founder of Brennan Investment Group. "Its demographics and diversity should insure the long term growth of its economy."
The facility is flexible, well designed and will allow tenants Meyn and SMB to operate their businesses there for many years to come, said Bob Krueger, Southeast managing principal and co-founder of Brennan Investment Group.