1.1M SF Industrial Project in Atlanta Rising

ATLANTA—Hillwood Investment Properties and Ridgeline Property Group (RPG) are joining forces on a massive distribution building in Braselton, GA. The industrial project will span nearly 1.1 million square feet in the Atlanta's I-85/Northeast submarket of Atlanta.

When completed, the industrial facility will offer the largest block of class A distribution space available in the Southeast US. The companies will break ground on Nov. 1 and the building should open its doors in the second quarter of 2015. Colliers Atlanta is marketing the asset for lease.

“The improving economy continues to create heightened demand for quality industrial space, and we believe this is an appropriate time to develop a big-box, modern distribution center in this location,” says Mike Gray, president of RPG. The distribution center site is less than one mile from the Interstate 85/Hwy 53 interchange in Braselton off State Route 124.

The distribution facility's design promises maximum efficiency for large-scale distribution operations. Design features include 36-foot clear heights, 56-foot-wide bay spacing, all concrete truck courts, ESFR fire suppression and 243 trailer spaces that are expandable to 466).

“The I-85/Northeast submarket offers a strategic distribution location providing access to large population centers across the Southeast U.S., but large blocks of distribution space in this corridor are extremely scarce,” says Chris Brown, senior vice president of Hillwood. “In fact, there is currently no space of more than 500,000 square feet available in this submarket.”

Brown went on to say that this industrial project will meet the need for big-box space while creating significant economic development benefits for the town of Braselton and Jackson County. The impact includes hundreds of construction, warehouse and office jobs.

“Right now, Atlanta is as healthy as it's been since the mid-2000's relative to demand for industrial product,” Doug Smith, senior vice president of Seefried Industrial Properties, tells GlobeSt.com. “Couple that with a continued drought of new construction, and we are approaching historically low vacancy rates in certain submarket and product types.”