REIT adds nearly 400,000 square feet

US Industrial REIT II purchased a 399,500-square-foot distribution facility in Atlanta, Ga., for an undisclosed amount.

Panattoni Development Co. sold the property, locatedc at 5810 Trade Center Court, at 100 percent occupancy.

The recently completed building is located in the I-20 West/Fulton submarket, and is leased to Southwire Co., a wire and cable manufacturer. Its products include utility cable products, building wire and cable, metal-clad (MC) cable, cord products, industrial power cable, copper and aluminum rod and continuous casting technology.

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