X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-C.R. Bard Inc., a Murray Hill, NJ-based national health care products manufacturer, is developing a 38-acre, 411,184-sf distribution center at the 450-acre Lochridge Industrial Park in Covington, GA, about 30 miles southeast of Downtown Atlanta.

Insignia/ESG Atlanta managing director Tony Swann represented Bard. John Drake, leasing manager, and John Mansfield, president, Pattillo Construction Co., negotiated for the general contractor.

“Although the deal was complex and took more than 14 months to complete, it went quite smoothly,” Swann says in a prepared statement. “Pattillo’s ability to provide a temporary distribution facility to Bard during negotiations for the new building was a key element in finalizing the deal.”

Carol Henderson of the Georgia Department of Industry and Trade and Adam Jones with the Newton County Chamber of Commerce, assisted in the deal.

Bard will be leasing the complex from Atlanta-based Pattillo Construction Co. when the project is completed in November. Officials at Bard and Pattillo couldn’t be reached at GlobeSt.com’s publication deadline to learn development and leasing details. But area brokers and construction industry estimators familiar with comparable projects tell GlobeSt.com the distribution center is probably being erected at a hard construction cost of $60 per sf, or a total $25 million.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.