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Commerce Ave NWDuluth, GA 30096
Satellite Place @ Commerce Ave
Asset ClassIndustrial, Office
Square Feet289,921
289,921 SF | Flex/R&D/Office 3.92% Assumable Debt
overview of deal


Newmark, as the exclusive representative, is pleased to present the opportunity to acquire the Satellite Place Portfolio, a 289,921 SF collection of four Flex/R&D/Office buildings (the “Property”), ideally positioned in Duluth, GA.


The Property represents the ideal value proposition for tenants desiring hard to find HQ space with a Flex/R&D/, light assembly/distribution component, all in one space.


This Satellite Place Portfolio provides investors with a predictable income stream supported by high credit tenants in mission critical spaces at below market rents, providing downside protection and upside potential with above market returns.

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Investment Highlights

  • Highly functional R&D/Flex/Office buildings
  • 3.92% assumable debt
  • Average historical occupancy of 6+ years for in-place tenants
  • Below market in-place rents - Mark to Market upside
  • Portfolio Composition - 81% Flex with 21’ CH, 19% single story office w/ 15’ CH


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deal gallery image
deal gallery image
Commerce Ave NWDuluth, GA 30096
Gwinnett Place Mall - Future Redevelopment

Investment Advisors

Leasing - Mike BerensManaging Director770 361
Andrew PorteousSenior Managing Director512 172
Chris McColpinSenior Managing Director214 597


Listing provided by Revere CRE