DUBAI / ATLANTA — Sweid & Sweid, a Dubai-based real estate development and investment firm, has successfully closed the sale of its 825,000-square-foot River Park 10 industrial facility in Atlanta, Georgia, for AED350 million (approximately $95 million). The property was acquired by Georgia Power, the state’s largest public utility company, marking a major addition to its operational infrastructure.
The transaction underscores the strength of Sweid & Sweid’s U.S. investment strategy and highlights the scale, quality, and connectivity of the River Park project, which continues to attract major corporate tenants and buyers.
Maher Sweid, Managing Partner of Sweid & Sweid, emphasized the firm’s consistent performance in the U.S. real estate 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. During the past year alone, we have successfully completed three projects across the U.S. Sun Belt region, including this sale. We are now in advanced stages of securing new opportunities that will further expand our U.S. investment portfolio, with a focus on the industrial sector,” Sweid said.
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The company’s U.S. operations have centered around high-demand logistics and industrial assets across the Sun Belt region, which has become one of the most attractive markets in the country due to population growth, e-commerce demand, and supply chain shifts.
While expanding its U.S. portfolio, Sweid & Sweid is also scaling up at home.
“This complements our expansion in Dubai, where we have recently announced the launch of Terralogix, a 3.3-million-square-foot logistics facility designed to serve as a critical node in Dubai’s supply chain infrastructure. The project is set to be the largest privately owned logistics park in the emirate,” Sweid added.
The Terralogix development reflects the emirate’s strategy to become a global logistics hub, strengthening ties between U.S. industrial investment and Middle Eastern logistics innovation.
River Park 10 is part of the broader 1,100-acre River Park master development in Atlanta, which is slated to deliver more than 21 million square feet of industrial space across 16 state-of-the-art facilities. Demand at River Park has remained robust, with leases signed by major international names such as Procter & Gamble, Amazon Web Services, Travelpro, GreenBox, and Yusen Logistics.
The sale to Georgia Power further validates River Park as one of the most strategically located and successful industrial developments in the U.S. Sun Belt. Its access to transportation networks, workforce hubs, and high-capacity utilities make it a prime location for companies with large-scale logistics and operational needs.
For Sweid & Sweid, the River Park 10 sale represents both a milestone exit and a foundation for future growth. By leveraging its U.S. success and aligning with Dubai’s logistics ambitions, the firm is positioning itself as a transnational player in industrial and logistics real estate.
Industry analysts suggest that Sweid & Sweid’s dual-pronged strategy—expanding in the Sun Belt while anchoring in Dubai—will give it a competitive edge in serving multinational corporations with diverse logistics and infrastructure demands.
Originally reported by Reese Jones in Construction Week Online.