Key Takeaways
- • Alpaca Real Estate (ARE), a real estate private equity firm, acquired a 227,000-square-foot Class A industrial asset in Atlanta, according to a Business Wire release dated January 8, 2026.
- • The acquisition was completed in partnership with Outrigger Industrial and marks ARE's entry into the Atlanta market and its third industrial transaction in the Southeast.
- • The deal is part of a $250 million industrial strategy the firm announced in July 2025, targeting infill logistics properties in high-growth Southeast and Southwest markets.
- • The property sits in Atlanta's infill Stone Mountain submarket, which the release says has an approximately 3% vacancy rate.
Summary
Alpaca Real Estate ("ARE") announced the acquisition of a 227,000-square-foot Class A industrial asset in Atlanta, according to a Business Wire release. The transaction was completed in partnership with Outrigger Industrial and represents ARE's expansion into the Atlanta market and its third industrial transaction in its Southeast portfolio.
The acquisition advances the firm's $250 million industrial strategy, first announced in July 2025, which focuses on assembling infill logistics properties in high-growth markets across the Southeast and Southwest United States. ARE describes itself as a real estate private equity firm that uses a thematic investment approach, with an emphasis on properties requiring recapitalization, repositioning, strategic capital, or physical transformation.
Co-Founder and Managing Partner Peter Weiss described the deal as an example of the firm's off-market infill industrial acquisition strategy. He cited Atlanta's population growth, e-commerce demand, and logistics-hub positioning as supporting its investment thesis, and characterized Outrigger Industrial as an institutional-caliber local operator.
The property is located in Atlanta's infill Stone Mountain submarket, which the release says benefits from an approximately 3% vacancy rate and access to key regional transportation corridors. ARE said the acquisition reflects continued demand drivers across the industrial sector, including e-commerce growth, supply chain reconfiguration, and constrained supply in infill locations.
The release did not disclose the purchase price.
The acquisition advances the firm's $250 million industrial strategy, first announced in July 2025, which focuses on assembling infill logistics properties in high-growth markets across the Southeast and Southwest United States. ARE describes itself as a real estate private equity firm that uses a thematic investment approach, with an emphasis on properties requiring recapitalization, repositioning, strategic capital, or physical transformation.
Co-Founder and Managing Partner Peter Weiss described the deal as an example of the firm's off-market infill industrial acquisition strategy. He cited Atlanta's population growth, e-commerce demand, and logistics-hub positioning as supporting its investment thesis, and characterized Outrigger Industrial as an institutional-caliber local operator.
The property is located in Atlanta's infill Stone Mountain submarket, which the release says benefits from an approximately 3% vacancy rate and access to key regional transportation corridors. ARE said the acquisition reflects continued demand drivers across the industrial sector, including e-commerce growth, supply chain reconfiguration, and constrained supply in infill locations.
The release did not disclose the purchase price.
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