Value-Add Industrial: Augusta, GA Renovation

Atlas Real Estate Advisors  /   July 15, 2025

Turning Vision into Value on a Major Commercial Corridor

As principals of the Warehouse Investment Fund, we had a clear goal in mind: to acquire a value-add industrial asset located along a high-visibility commercial corridor, with strong potential for repositioning. The fact that the property was only 50% leased at acquisition didn’t deter us—in fact, it was part of the opportunity. We saw the chance to reposition, renovate, and re-lease the space within a 180-day window, transforming it into a fully stabilized, income-producing property.

At Atlas Real Estate Advisors, we served as brokers and strategic advisors throughout the project, representing the interests of the Fund’s participants, helping develop the investment strategy, and managing execution from day one.

Laying the Groundwork Before Closing

We knew from the beginning that preparation before closing would be key to hitting our timeline and return targets. Our team went to work immediately, assembling the resources, information, and partnerships needed to move quickly once the deal was finalized.

Pre-Closing Planning and Due Diligence

We conducted thorough due diligence and planning that included:

• Completing lease abstracts to assess tenant obligations
• Soliciting bids for renovations and capital improvements
• Engaging legal counsel to confirm title and resolve any legal complexities
• Inspecting all major systems—roof, HVAC, sprinkler, and mechanical infrastructure
• Ordering environmental reports to uncover and address any risks early

Proactive Vendor Scheduling

As we approached the end of due diligence, we began pre-scheduling key vendors for work that would need to begin immediately after closing. This included:

• Painting and exterior upgrades
• Landscaping and paving improvements
• HVAC servicing and replacement
• Plumbing and general building repairs

By getting ahead of the schedule, we were able to compress renovation timelines and accelerate the asset’s return to market.

Execution Immediately After Closing

The day the transaction closed, our team initiated the repositioning process without delay. In the first few weeks, we focused on:

• Notifying existing tenants and onboarding them under new ownership
• Transitioning property management and establishing banking systems
• Overseeing contractors on-site to ensure timely and quality completion
• Launching a targeted marketing campaign to lease the remaining space

Thanks to early planning and full alignment among all stakeholders, the execution phase was fast, efficient, and well-coordinated.

The Outcome: A Fully Stabilized, Income-Producing Asset

Just a few months after closing, renovations were complete and the property was fully leased. What began as a 50% occupied building is now a professionally managed, 100% leased industrial investment performing exactly as planned. This project is a clear example of how strategic planning, disciplined execution, and market knowledge come together to create long-term value.

If you’re looking to build your portfolio with value-add opportunities—or need help executing a complex investment strategy—we’re ready to help.

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