Atlanta MSA (Buford), GA
Acquired in 2011; Expanded in 2015; Sold in 2016
Purchased from a bank that had foreclosed on the property a year earlier
Property was 50% occupied and had negative cash flow at acquisition; SIG improved operations receiving positive net cash flow within a 18-months of ownership,
In 2015, SIG expanded 40,000 SF on-site
Combination of climate controlled and non-climate controlled units totaling over 100,000 SF