DUBAI, UAE – Dubai-based developer Sweid & Sweid has sold River Park 10, a Class A industrial facility in Atlanta, Georgia, to Georgia Power for AED 350 million, securing another successful U.S. exit for the company.
The 825,000-square-foot development was acquired by Georgia Power, the state’s largest public utility with more than 120 years of operations, for its own use. The transaction was driven by the project’s scale, quality, and connectivity within the Atlanta market.
“Our track record in the U.S. speaks for itself. After eight years of deploying capital across various asset types and multiple markets, we have honed our ability to identify opportunities that deliver superior risk-adjusted returns,” said Maher Sweid, Managing Partner of Sweid & Sweid.
He added that the company completed three projects across the U.S. Sun Belt region in the past year and is now pursuing new industrial opportunities.
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River Park 10 is part of the broader River Park master plan, spanning 1,100 acres and designed to deliver 21 million square feet across 16 industrial facilities. Recent leases in the project have been signed by Procter & Gamble, Amazon Web Services, Travelpro, GreenBox and Yusen Logistics.
The transaction coincides with Sweid & Sweid’s expansion in Dubai, where it has launched Terralogix, a 3.3 million-square-foot logistics facility that will be the largest privately owned logistics park in the emirate. “This complements our expansion in Dubai,” Sweid said.
For Indian investors, the sale highlights the strength of Sweid & Sweid industrial real estate investment strategies in both mature and emerging markets. The U.S. exit demonstrates resilience in logistics assets, while Dubai’s Terralogix project offers a new entry point for those seeking exposure to supply-chain infrastructure in the Gulf.
Sweid & Sweid said it remains in advanced talks for further U.S. acquisitions while continuing to expand its Dubai portfolio.
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