Avistone secures $9.8M acquisition financing for industrial center in Lawrenceville, GA

MIAMI, Feb. 6, 2026 – JLL Capital Markets announced today it has secured $9.8 million in acquisition financing for Pike Center, a three-building shallow bay industrial center comprising approximately 96,651 square feet at 575, 585 and 595 Old Norcross Rd. in Lawrenceville, Georgia.

JLL worked on behalf of the borrower, Avistone, to secure the loan through Grant Street Funding, LLC.

Pike Center is strategically located with immediate proximity to Interstate 85, providing access to robust demographics and positioning the center favorably for regional service providers. The stabilized property is currently 98% leased with a diversified tenant roster spanning multiple industries.

The JLL Capital Markets team was led by Director Wells Waller and Senior Director Jack Britton, along with Analyst Gabriel Davenport.

“Atlanta's industrial market is experiencing renewed momentum as occupiers move from cautious observation to decisive action, driving leasing velocity to impressive levels,” said Waller. “Pike Center exemplifies the type of stabilized, cash-flowing asset that lenders are seeking, particularly given its favourable debt yield metrics and the proven track record of Avistone's management team in successfully acquiring and repositioning infill industrial assets across high-growth logistics corridors.”

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Avistone is a real estate investment management firm specializing in the acquisition and operation of multi-tenant shallow-bay and flex industrial properties across select U.S. growth markets. The firm focuses on assets with strong in-place cash flow and value-add potential, applying disciplined underwriting and risk management to deliver consistent, risk-adjusted returns to its investors. Since Avistone’s establishment in 2013, the firm has acquired and managed 28 properties, representing over 4.4 million square feet of space in California, Florida, Georgia, Michigan, Ohio, Oklahoma, and Texas.

Grant Street Funding, LLC is a commercial real estate investment manager and finance firm specializing in commercial real estate credit management and mortgage lending. The Company currently manages over $3 billion in commercial mortgage loans and investment capital. Grant Street’s platform is built on disciplined underwriting, in-house asset management, and long-standing relationships with top-tier institutional investors, with a strong commitment to transparency and alignment with borrowers and investors alike.