Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Next spring, Charlotte-based Withrow Development plans to break ground on the first building in a $12-million, 160,000-sf, six-building industrial complex on 12 acres the company has owned for some time.

Called Maple Crest Industrial Center, the planned development is at the intersection of Westinghouse Boulevard and John Price Road.

The buildings will be “strictly spec,” Chris Withrow, a principal, tells GlobeSt.com. “Because of a slow market, we will probably phase in development over a couple of years,” he adds.

The parcel is zoned residential, but Withrow is confident the city council’s zoning commission will allow the project. “Members tell us the commission approves of the plan,” he says. A public hearing on the proposal is set for mid-September.

The buildings will be 42,000 sf to 10,000 sf, Withrow says. Rental rates will be about $8.25 per sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.