Hodges' principals couldn't be reached at GlobeSt.com's publication deadline. But area industrial brokers familiar with the Southside submarket tell GlobeSt.com the developer is shooting for an August completion.
Hodges is racing against rivals Lincoln Property Co., Highwoods Properties Inc., Seefried Properties and J.A. Green Development. They have or are planning near-future projects in the area along Oakley Industrial Boulevard where the Hodges project is planned.
Hodges owns the land where the spec center will be built and has about $3.5 million of its own money already invested in the venture, according to a published report. Hodges has about 250 acres left to develop in Southpark. The development firm is based in Vinings, GA and is affiliated with New York-based Blackstone Real Estate Advisors.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
