Nuveen Sale of 900 Intermodal Drive Distribution Center
United States
Deal value: $87,000,000
Nuveen sold the 900 Intermodal Drive Distribution Center in Atlanta, GA, a 520,000 SF cross-dock facility with 32-foot clear heights, located adjacent to CSX rail and major highways, serving as a regional distribution hub for consumer goods.
The sale of the 900 Intermodal Drive Distribution Center reflects Nuveen’s strategy to capitalize on heightened demand for modern logistics assets in Atlanta, a key distribution hub. The timing is driven by strong investor appetite for well-located, high-clearance industrial facilities serving e-commerce and consumer goods supply chains. The core belief is that such assets command premium pricing due to their critical role in regional distribution and proximity to rail and highways.