Clarion Lion Properties Fund, LP, an affiliate of New York-based Clarion Partners, has acquired five newly constructed distribution buildings totaling 1,127,658 SF from various Taylor & Mathis-sponsored investment entities. The portfolio, which is 93% leased to seven tenants, includes Blue Ridge Distribution Center in Buford, GA, Horizon Pointe Buildings 100, 200 and 300 in Suwanee, GA and Acworth Distribution Center in Acworth, GA.
With over $50 billion in total assets under management, Clarion Partners is a leading U.S. real estate investment manager. The firm offers a broad range of real estate strategies across the risk/return spectrum to its 350 domestic and international institutional investors.
Chris Riley of CBRE represented Taylor & Mathis in the transaction. Taylor & Mathis developed the buildings from 2016 – 2018 and has been retained by Clarion to manage and lease the properties.
