Trammell Crow Company (TCC) and its partner CBRE Global Investors, on behalf of one of its investment funds, have acquired a 287-acre development site for a 2,252,000-square-foot Class A logistics center known as the Jackson 85 North Business Park.
Located in the northeast Atlanta submarket along Interstate 85 in Jackson County, Ga., construction on the first phase of development is expected to begin in December 2021 with completion during the second half of 2022.
The Jackson 85 North Business Park will be developed in two phases. Phase one will include a 538,450-square-foot cross-dock facility and a 1,001,000-square-foot cross-dock facility.
Phase two will include a single 713,050-square-foot cross dock facility. Features of all three buildings will include 185′ to 190′ deep concrete exterior truck courts, 40′ clear heights, ample power, ESFR fire sprinklers, and R-19 insulation.
“Demand for high-end logistics space continues to grow in the Atlanta suburbs, especially in the dynamic northeast submarket where Jackson 85 will be located,” said Mark Dishaw, Managing Director of Trammell Crow Company Atlanta.
“TCC has already started to capitalize on this increasing demand with nearby developments, like the Jefferson Mill Business Park and Innovation Business Center in Newnan, Ga. and we plan to do the same at Jackson 85 by building the best product in the best submarket that will ultimately attract top-tier users,” he added.
The Jackson 85 North Business Park is located approximately 60 miles northeast of Atlanta. The location will afford tenants easy access to I-85, to Metro Atlanta and the other nearby states in a very short drive.