June 2, 2026 – 2395 Pleasantdale Road is a 99,283sf infill industrial building situated in the Doraville submarket of Atlanta, GA, in close proximity to Presidential Dr, an existing Value-Added Fund series Essential Service Industrial (ESI) investment. The 94% occupied portfolio features an average suite size of 9,026sf, 21’ clear heights, masonry construction, and dock-high loading. It sits at the confluence of major national and regional thoroughfares, creating ease of access for tenants to reach a wide service area.
The property was acquired off-market, with CenterSquare’s proactive, relationship-oriented approach ultimately securing the investment opportunity. The business plan contemplates leasing the remaining vacancy, spending additional capital to reposition existing space, and addressing any deferred maintenance on an as-needed basis while marking in-place rents to market.
“This investment demonstrates the ongoing success of CenterSquare’s disciplined and data-driven process, as well as our continued conviction in the essential service industrial market,” said Frank Dalicandro, of CenterSquare’s Private Real Estate team, “Marking our third ESI property in Atlanta, we’ve also expanded our footprint in this strong demographic market.” This transaction is the fourth ESI investment in CenterSquare’s latest Value-Added Fund and brings our total service industrial portfolio to more than 2.1 million square feet.
