CenterPoint Properties has scooped up Clayton Technology Center, a newly built distribution center in Ellenwood, adding another Class A asset to its Atlanta industrial lineup. The 265,775-square-foot facility, completed in 2024 and occupied by International Paper, changed hands this spring for about $42.6 million.
According to CoStar, Transwestern Development Company sold the property to CenterPoint for roughly $42.6 million on May 28, 2026. CoStar’s coverage identifies International Paper as the tenant and lays out the core deal terms available to industry subscribers.
Property Specs and Location
Transwestern’s release notes that the rear-load facility spans 265,775 square feet, offers a 36-foot clear height, 60 dock doors, 34 trailer stalls and ample auto and trailer parking, and was delivered in 2024. The developer points out that the site sits along Highway 42 with immediate access to I-675 and connections to I-75, I-85 and I-285, about 10 miles from Hartsfield-Jackson Atlanta International Airport.
For prospects eyeing layout and leasing information, CBRE markets the property at 5490 Georgia 42, offering floor-plan details to would-be tenants.
CenterPoint’s Atlanta Push
CenterPoint has been on a steady buying streak in metro Atlanta since mid-2025, targeting Class A logistics properties as part of a broader Southeast expansion. As reported by AJOT, the firm has closed several deals across the region and poured capital into modern, well-located warehouses. “It would be virtually impossible to replicate Clayton’s location,” CenterPoint’s East Region executives said in that coverage, underscoring why infill sites remain hot with institutional buyers.
What It Means Locally
Local market coverage points to a “flight to quality” in Atlanta’s industrial sector, with newer, high-spec buildings pulling in stronger demand and helping the metro work through a wave of recent deliveries. The Atlanta Journal-Constitution’s reporting on the region notes that demand is returning for well-placed, modern warehouses, and with Clayton Technology Center already under a corporate lease, the immediate vacancy risk appears limited.
Industry brokers say transactions at this caliber can help set rent and sale benchmarks in the Airport South submarket in the months ahead, particularly for landlords holding comparable Class A space near key highway and airport connections.
