InLight Real Estate Partners sells newly built Atlanta industrial property for $30.05M

ATLANTA, Sept. 10, 2025 –  JLL Capital Markets announced today the $30.05 million sale of Lake City Distribution Center, a Class A industrial distribution facility totaling 157,371 square feet located at 5380 Dixie Industrial Drive in Lake City, Georgia.

JLL represented the seller, InLight Real Estate Partners, in the transaction.

The newly constructed distribution center, built in 2023, features 32-foot clear heights, concrete tilt-wall construction and a rear-load configuration with 42 dock-high doors and two ramped drive-in doors. The property offers substantial parking capacity with 46 trailer spaces and 133 automobile spaces, along with 185-foot truck courts to accommodate large distribution operations.

The distribution center is 100 percent leased to two investment-grade tenants in the global shipping and logistics industry. Maersk, the world's second-largest container shipping company operating through Pilot Air Freight, occupies 67.04 percent of the building. DB Schenker, a leading global logistics provider specializing in land transport, air and ocean freight and contract logistics, holds 32.96 percent of the space.

Lake City Distribution Center operates within Atlanta's South I-85 Submarket, specifically in the Airport Infill Micro-Market, which demonstrates superior performance metrics compared to broader Atlanta averages. The property's strategic location positions it within 2.6 miles of Interstate 75, 2.7 miles from Interstate 675 and 3.2 miles from Interstate 285, providing direct access to Atlanta's major logistical thoroughfares. The facility sits just five miles from Hartsfield-Jackson International Airport, the world's busiest airport and 4.6 miles from a FedEx hub capable of processing 15,000 packages per hour.

The JLL Capital Markets team representing the seller included Senior Managing Directors Britton Burdette and Dennis Mitchell, along with Managing Directors Jim Freeman, Maggie Dominguez and Bobby Norwood.

"This transaction exemplifies the capital allocation shift toward the Southeast industrial sector, where assets like Lake City Distribution Center offer the rare combination of credit tenancy from global logistics leaders and an infill location within one of America's most efficient distribution networks," said Burdette. "The Southeast continues to benefit from demographic trends and supply chain optimization strategies that favor strategically located industrial assets."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

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 112,000 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.

InLight Real Estate Partners (https://inlightre.com) is a full-service investment and development firm focused on industrial and logistics real estate across the Sun Belt, Midwest, East Coast, and Gulf Coast markets.