Hartman II

675 Hartman Road, Austell, GA 30168

Property Overview

KBS REIT II was able to capitalize on this investment by acquiring a brand new state-of-the art facility at a time when there were not as many buyers in the market for this product type.

The highly function building with 28’ to 32’ clear heights, the long term in-place leases and the location of the property in the desirable I-20 West submarket were all strengths for this investment. Given the great condition the property was in at acquisition, KBS REIT II invested very little capital into the property during the hold period, which contributed to the success of the investment. KBS REIT II was able to sell the property for $12.7 million.

Investment at a Glance

Location: Austell, GA

Property Type: Class A Industrial

Acquisition Date: April 7, 2010

Purchase Price: $10,800,000

Sale Date: June 28, 2012

Sale Price: $12,650,000

No. of Buildings: 1

Square Footage: 261,799 SF

Leased Percentage (at the time of Acquisition): 100%

$10,800,000 Total Purchase Price
261,799 square feet Total Rentable Area
Class A Building Class