Stonemont Financial Group sells Chamblee International Logistics Park in Chamblee, Georgia

Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions and net lease investments, and its venture partner, Seven Oaks Company, has completed the disposition of Chamblee International Logistics Park in Chamblee, Georgia, outside Atlanta. Hartz Mountain Industries, a real estate investment, development and management company, has purchased the four-building, 236,000-square-foot complex.

At the time of the sale, the industrial park was 68% leased to five tenants. Last year, Stonemont signed a full building lease with Aramark Refreshments, a subsidiary of Aramark and provider of food service and facilities, to occupy Building 4 at Chamblee International Logistics Park to support its refreshment services arm. Additionally, Stonemont secured a 20,760-square-foot lease with Iwata Bolt USA in March 2025.

“This disposition underscores the strength of Atlanta’s industrial market and the continued demand for well-located, Class A assets,” said David Kaplan, vice president at Stonemont. “Our strategic approach to development and leasing created significant value for our partners and attracted top-tier tenants. We are proud of this project’s success and look forward to continuing to deliver high-quality industrial developments across the Atlanta market, one of the most active in the country.”

Chamblee International Logistics Park was completed in February 2024 and sits inside the I-285 perimeter, making it a premier location and one of the only Class A industrial parks to deliver inside the perimeter in a decade. Joseph Rogers, Jamie Hargather and Riley Levitt of Wilson Hull & Neal handled leasing on behalf of ownership. Additional project partners include Catamount Constructors as the general contractor, Kimley Horn and Associates as the civil engineering firm and Ware Malcomb as the architect.

“We are grateful for our partnership with Stonemont to execute such a unique project,” said Andrew Pearson, principal and director of development and asset management at Seven Oaks Company. “Our leasing success and the positive market reception of the project validated our business case and resulted in a successful outcome for our investors and our respective firms. We are also appreciative of our continued collaboration with the city of Chamblee and we are pleased to welcome top quality new businesses to this dynamic community.”

According to JLL's latest Atlanta industrial report, the market achieved its third-largest annual leasing volume, with 52.1 million square feet of deals signed, including 33.2 million square feet of new deals. Also in Atlanta, Stonemont recently signed two leases at Braselton Broadway 85, a 234,133-square-foot industrial distribution center in Atlanta’s northeast submarket that is now 100% leased. Additionally, Stonemont Park 75 South, a 903,701-square-foot industrial park in Locust Grove, Georgia, is on track to deliver this summer.