American Realty Advisors purchased Southwoods Business Center, an industrial complex within a 46-acre, Class-A business park, from Taylor & Mathis at an undisclosed price. The purchase was made on behalf of one of American's pension fund clients as part of a core real estate strategy. SouthWoods consists of four multi-tenant bulk distribution centers totaling 340,756 square feet. Designed for air cargo and distribution use, the property is 96% leased to 15 tenants. American's Asset Manager Jennifer Bradford commented, "We targeted an industrial acquisition given the sector's ability to rebound out of recessionary conditions and to further diversify our client's portfolio." Bradford added, "SouthWoods is located within just one mile of the Atlanta-Hartsfield Airport, the nation's busiest airport, which is presently under further expansion. We believe that bulk distribution industrial assets will remain very well-leased in this submarket and in high demand throughout our anticipated hold." American Realty Advisors stated that it is looking to acquire similar properties over the next year.