Based in Chicago, Illinois, United States, JLL Capital Markets has arranged $9.8 million in acquisition financing for Pike Center, a three-building shallow bay industrial property in Lawrenceville, Georgia, USA. Working on behalf of real estate investment management firm Avistone, JLL secured the debt package through Grant Street Funding, LLC.

Pike Center

Located at 575, 585, and 595 Old Norcross Road, Pike Center is a 96,651-square-foot multi-tenant complex that features direct proximity to Interstate 85. This places it within a crucial logistics and service corridor for the greater Atlanta, Georgia region.

The acquisition highlights strong lender demand for stabilized, income-producing industrial assets in major Southeastern markets. At the time of the transaction, Pike Center was 98% leased to a diverse roster of tenants across multiple industries. Representatives from JLL noted that the property’s high occupancy, favorable debt yield metrics, and Avistone’s management track record in acquiring and repositioning infill industrial real estate were key factors in securing the favorable financing terms.

The debt advisory team representing Avistone was led by JLL Capital Markets director Wells Waller, senior director Jack Britton, and analyst Gabriel Davenport. The deal reflects ongoing momentum within the Atlanta industrial sector, where accelerating tenant leasing activity continues to drive investor interest toward shallow-bay and flex industrial facilities.

Lawrenceville, Georgia

Lawrenceville is named after U.S. Navy officer James Lawrence. The city is around 32.5 miles away from Atlanta.

Born in Lawrenceville, Walker Zimmerman turned 32 on May 19, 2025. He plays as a center-back for the Major League Soccer club Toronto FC, which is based in Toronto, Ontario, Canada.

Born in Atlanta and raised in Lawrenceville, Joe Gebbia has been the chief design officer of the U.S. since August 21, 2025, the same day he turned 44. He is married to Isabelle Boemeke, who grew up in Rio Grade do Sul, Brazil.

Home to a growing population of over 32,000 residents, Lawrenceville encompasses roughly 13.8 square miles. The heart of the city centers around its revitalized Downtown Square, anchored by the historic 1885 Gwinnett County Courthouse. The walkable downtown district features a variety of dining options, artisan shops, and the Aurora Theatre, a prominent regional performing arts institution. Higher education and healthcare drive the local economy, supported by major institutions like Georgia Gwinnett College and Northside Hospital Gwinnett.

In addition to its historic roots, Lawrenceville functions as a key commercial and logistics hub along Metro Atlanta’s northeastern transit corridors. The city blends modern economic infrastructure, diverse residential neighborhoods, and active community events like the annual Polish Pierogi Festival.