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| Daphne, Ala.-based commercial real estate investment firm Stoic Equity Partners breaks into McDonough, Ga. market; adds new asset to investment fund The company's acquisition of the McDonough Parkway Portfolio marks its second investment in the Atlanta MSA. The McDonough Parkway Portfolio presents a prime investment opportunity in McDonough, Ga., an affluent Atlanta suburb boasting a 5-mile population of 87,426 residents and a projected growth rate of 1.5% by 2028. Strategically situated just south of Atlanta, McDonough offers easy access to I-75, providing a direct 28-mile route to Downtown. The portfolio features five buildings with loading docks and drive-in access, a rare combination in the area, along with 18-20-foot clear heights, ample truck court space and proximity to major interstates, retail corridors and housing. Positioned in a premier industrial park on McDonough Parkway, these properties cater to tenants with distribution, manufacturing and warehousing needs, making them highly desirable for potential lessees. "The McDonough submarket within the Atlanta MSA is currently expanding at a tremendous pace. We are very excited to be able to purchase over 90K square feet in such a strong area. We were attracted to this portfolio due to its diverse tenant mix that the majority of which have been in place for 5-10 + years showing commitment to the space," said Grant Reaves, Co-Founder and Managing Director of Stoic. The addition of this property brings Stoic's total portfolio to over 877,200 square feet and $86 million in acquisition and development assets. Stoic continues to focus on expanding its flex industrial portfolio in 2024 with multiple assets currently under contract closing within the coming months. About Stoic Equity Partners For more information about Stoic Equity Partners and its innovative approach to real estate investment, please visit its official website: stoicEP.com. Media Contact Address
SOURCE Stoic Equity Partners 
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