Key Takeaways
- • BKM Capital Partners and Kayne Anderson Real Estate acquired Northridge Commons, a 471,000-square-foot industrial campus in Sandy Springs, Georgia, for $100 million.
- • The acquisition from Third & Urban brings BKM's metro Atlanta holdings to approximately 1.5 million square feet, less than a year after the firm entered the market.
- • The seven-building, 38-acre campus along the GA-400 corridor is 90 percent leased to tenants across logistics, healthcare, life sciences, construction, and food and beverage.
- • The property came to BKM through its local leasing team, reflecting the firm's expansion into Southeast markets including Atlanta.
Summary
BKM Capital Partners and Kayne Anderson Real Estate have acquired Northridge Commons, a 471,000-square-foot industrial campus in Sandy Springs, Georgia, for $100 million, according to Institutional Real Estate, Inc. The seller was Third & Urban. The transaction brings BKM's metro Atlanta holdings to approximately 1.5 million square feet, less than a year after the firm entered the Atlanta market.
Northridge Commons comprises seven multitenant buildings across 38 acres along the GA-400 corridor in North Fulton County, within Atlanta's industrial submarket. The buildings were constructed between 1981 and 1982 and were originally developed as a shallow-bay industrial park. Suites range from 2,046 to 39,221 square feet, with an average of 7,849 square feet. Physical features include 14- to 19-foot clear heights, 18 dock-high doors, 80 grade-level doors, and rear-load configurations.
The campus is 90 percent leased. Its tenant base spans logistics, healthcare, life sciences, construction, and food and beverage, providing sector diversification within the asset. The property came to BKM through its local leasing team.
BKM and Kayne Anderson's Atlanta activity is part of a broader Southeast and Sun Belt expansion by BKM, which has entered markets including Dallas, Houston, Austin, Atlanta, and Orlando. Related transactions reported by industry publications include a 2026 acquisition of an industrial portfolio in Duluth, Georgia, and the purchase of the Lakeview Center industrial park in Fort Lauderdale for $57 million from Link Logistics. Both are separate transactions from the Northridge Commons acquisition.
Northridge Commons comprises seven multitenant buildings across 38 acres along the GA-400 corridor in North Fulton County, within Atlanta's industrial submarket. The buildings were constructed between 1981 and 1982 and were originally developed as a shallow-bay industrial park. Suites range from 2,046 to 39,221 square feet, with an average of 7,849 square feet. Physical features include 14- to 19-foot clear heights, 18 dock-high doors, 80 grade-level doors, and rear-load configurations.
The campus is 90 percent leased. Its tenant base spans logistics, healthcare, life sciences, construction, and food and beverage, providing sector diversification within the asset. The property came to BKM through its local leasing team.
BKM and Kayne Anderson's Atlanta activity is part of a broader Southeast and Sun Belt expansion by BKM, which has entered markets including Dallas, Houston, Austin, Atlanta, and Orlando. Related transactions reported by industry publications include a 2026 acquisition of an industrial portfolio in Duluth, Georgia, and the purchase of the Lakeview Center industrial park in Fort Lauderdale for $57 million from Link Logistics. Both are separate transactions from the Northridge Commons acquisition.
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