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Meritex Recapitalizes 18-Building Atlanta Industrial Portfolio

Meritex recapitalized an 18-building, 1.2 million sq ft metro Atlanta industrial portfolio through a continuation vehicle backed by Goldman Sachs Alternatives funds.

The Meritex Company has recapitalized an 18-building, 1,222,596-square-foot industrial portfolio in metro Atlanta, spanning Kennesaw, Smyrna, Norcross, Lawrenceville, and Alpharetta. The deal was announced October 15, 2026.

The recapitalization was structured through a newly formed continuation vehicle with funds managed by Vintage Strategies at Goldman Sachs Alternatives. Meritex retains majority ownership and operating control as controlling partner and operating member. Financial terms were not disclosed.

The portfolio comprises multi-tenant shallow-bay and mid-bay properties across three submarkets: Northeast, North Central/Georgia-400, and Northwest Atlanta. The product typically serves smaller distribution, service, and light manufacturing tenants.

Meritex is headquartered in Minneapolis/St. Paul and owns and operates industrial real estate across multiple U.S. markets.

Address
Metro Atlanta, GA (18 buildings across Kennesaw, Smyrna, Norcross, Lawrenceville, and Alpharetta)
Sq ft
1,222,596

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