ATLANTA—In a programmatic venture with The Carlyle Group, Oakmont Industrial Group acquired a 35-acre land parcel in Atlanta's Interstate 85 South industrial submarket. The venture is constructing a 370,000-rentable-square-foot spec industrial building slated for delivery in early fall 2015.

Oakmont/85 South sits along Interstate 85 within one and a half miles of the nearest interchange and 5 miles from Interstate 285. That's close to metro Atlanta, the CSX intermodal facility, and Hartsfield-Jackson Atlanta International Airport, and offers access to the region's major transportation arteries. Oakmont is targeting is ideal sophisticated logistics and e-commerce companies with the industrial project.

“This project represents our second spec development in Atlanta over the past six months, demonstrating our commitment to this rapidly improving market,” says