News

Wheelock Street Capital announced it has acquired 242 Westfork Court in Lithia Springs, GA, a 86,630 square foot light‐industrial building that was completed in Summer 2020 and is located less than three miles from Austell Norfolk Southern Intermodal Terminal. The building gives local, regional, and national users quick access to Metro Atlanta and the Southeast and features available space ranging between 20,000 and 86,630‐square feet.

The Seyon Group (“Seyon”), in partnership with Wheelock Street Capital (“Wheelock”), announced it has acquired 10 Dan Road and 20 Dan Road – located within the Canton Commerce Center, one of Route 128 South’s most dominant industrial parks. The park benefits from the adjacent Route 138 commercial corridor, which provides tenants with a plethora of amenities including retail, restaurant and day care facilities.

Wheelock Street Capital (“Wheelock”), a Greenwich, Connecticut and Boston, Massachusetts based national real estate private equity firm, in partnership with Mitchell Property Realty, Inc., a leading private real estate investment and development firm located in South Florida, acquired the fully leased industrial asset. This is the first acquisition the partners have completed
together.

JLL announces that it has arranged a $61 million refinancing for Hyatt House Fulton Market, a 200-room, newly constructed hotel in Chicago’s Fulton Market District. JLL worked on behalf of the borrower, a partnership between Sterling Bay and Wheelock Street Capital, to place the five-year, floating-rate loan with Argentic Real Estate Investments LLC. Loan proceeds will be used to retire the construction loan.

Griffin Partners, Inc. in partnership with Wheelock Street Capital announces the purchase of 4414 Hollister, a Class B in-fill 25’+ clear industrial project totaling 234,315 square feet including 3.0 acres of developable land in Houston, Texas. The Project was purchased from Georgia Pacific Inc. The asset is located 1/4 mile north of Hempstead Highway off Hollister Road, approximately 1 mile south of Hwy. 290 just outside Loop 610.

Houston-based Griffin Partners has acquired the Loop Central office complex in partnership with Wheelock Street Capital from Dallas-based TIER REIT. Loop Central consists of three buildings totaling nearly 575,000 square feet in the 4800 block of Loop Central Drive. The multi-acre site, just south of Westpark inside Loop 610, is accessible to the West University and Bellaire neighborhoods without getting on a highway.

Château Élan Winery & Resort, the enchanting château and full‐service winery nestled among North Georgia’s picturesque foothills, unveils plans today for an extensive $25 million dollar renovation, scheduled for completion in November 2019. The complete transformation introduces a fresh, yet timeless, modernized design while delivering a unique, distinctly southern concept dressed in French undertones, honoring the existing estate’s 16th century‐style charm.

Trinity Capital Advisors, in partnership with SLI Capital and Wheelock Street Capital, has acquired 464 East Pettigrew Street in downtown Durham. The 1.76-acre parcel is immediately adjacent to Venable Center, recently acquired by the joint-venture partnership in July.