“Atlanta's industrial market has never been stronger,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “After 22 straight months of positive absorption, it is no surprise that Atlanta has risen to a top five preferred market for investment. Over the past three years, there have been 35 million square feet of deliveries versus 52 million square feet of positive net absorption. This imbalance of supply and demand has fueled record operating fundamentals in the Atlanta market.”

ATLANTA—Construction is underway on Clayton Commerce Center, a 797,580-square-foot industrial facility in the Atlanta submarket of Ellenwood, GA. Hillwood, a Perot company, is developing the industrial project, which is less than one mile from the Interstate 675 and Anvil Block Road interchange.

“Clayton Commerce Center is Hillwood's first spec development in this market,” says Todd Parker, Hillwood's senior vice president and Southeast market leader. “After opening our Atlanta location last year, we have had great success in executing strategic acquisitions, including Gwinnett 316, and we are now beginning to expand further into this growing market. Atlanta's industrial activity is booming with new supply being met by consistent demand. We remain bullish on the region as we move through 2017.”

Clayton Commerce Center is four miles from Interstate 285, offering tenants fast access to the Hartsfield Jackson International Airport as well as the FedEx Ground and FedEx SmartPost Hubs. Clayton County, the only county in Metro Atlanta to be designated Tier 1 by the Georgia Department of Community Affairs, will offer potential tenants job tax credits and property tax reductions, which could represent substantial tax savings.

The industrial building's features will include 36-foot clear height, an ESFR sprinkler system and cross-dock configuration. It will offer 231 trailer storage spaces and 442 for auto parking spaces. Targeted completion for the industrial development is December 2017. Reliant Real Estate Partners is the leasing agent.

“Atlanta's industrial market has never been stronger,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “After 22 straight months of positive absorption, it is no surprise that Atlanta has risen to a top five preferred market for investment. Over the past three years, there have been 35 million square feet of deliveries versus 52 million square feet of positive net absorption. This imbalance of supply and demand has fueled record operating fundamentals in the Atlanta market.”