Georgia Power Pays $94.7M ($115psf) for Waterloo, ICM Asset Managmenet JV developed Atlanta-Area Warehouse, River Park Bldg 10 in Jackson

  • 8/19/2025

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ICM Property Group sold River Park 10, an 825,000-square-foot Class A industrial facility that it and Waterloo Partners jointly developed. The Atlanta Business Chronicle reports Georgia Power paid $94.75 million for the warehouse in Jackson, 45 miles south of Atlanta.

The project was completed in late 2024. River Park 10 benefits from direct access to major transportation corridors, including the Port of Savannah. The building was designed to support high-volume operations with best-in-class infrastructure and flexibility for logistics, manufacturing, and utility use.

ICM Asset Management
Spencer Y. Patton | Partner & Managing Director, USA

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