Brett Buckner

ATLANTA—Atlanta's industrial market continues to show its strength as the ink dries on another large lease. Invision Logistics, a third-party logistics provider, signed a five-year, 105,000-square-foot lease at Stone Mountain Industrial Park in Tucker, GA, northeast of Downtown Atlanta.

Invision Logistics will occupy the entire industrial property, which is located at 2232 Mountain Industrial Boulevard. The firm will use the space for storage and distribution for an undisclosed client.

The Ackerman & Co. industrial services leasing team of Brett Buckner and Major Martin represented the landlord in the transaction. Dianne Gay of Avery & Associates represented the industrial tenant.

“Invision Logistics will benefit from Stone Mountain Industrial Park's excellent interstate access,” says Buckner, senior vice president. “The park is also located within the Stone Mountain Community Improvement District, which has invested in significant streetscape, landscaping and infrastructure improvements to the surrounding area.”

2232 Mountain Industrial Boulevard is part of the 68-building, 4.1-million-square-foot Stone Mountain Industrial Park, a master-planned business park with a variety of distribution facility configurations, including front, rear and side-load designs up to 300,000 square feet. Located at the intersection of Mountain Industrial Boulevard and Hugh Howell Road, the 105,000-square-foot distribution facility is three miles from Interstate 285, offering access to Atlanta's interstate highway network and major markets across the Southeast US.

(Check out this mega industrial trend in Atlanta. And don't miss the report on strong foreign investment in this sector.)

“E-commerce has helped fuel absorption and rental rate growth,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “Several of the world's most respected brands such as Duracell, Williams-Sonoma and Wayfair have recently made long term commitments to the metro—we expect to see the continued influx of e-commerce tenants in the months ahead. As indicated in the recent investor intention survey, industrial product is the most sought after product type in 2017, leading capitalization rates in Atlanta to trade below 5%, as seen in other Tier 1 markets such as Chicago and Dallas.”

Brett Buckner

ATLANTA—Atlanta's industrial market continues to show its strength as the ink dries on another large lease. Invision Logistics, a third-party logistics provider, signed a five-year, 105,000-square-foot lease at Stone Mountain Industrial Park in Tucker, GA, northeast of Downtown Atlanta.

Invision Logistics will occupy the entire industrial property, which is located at 2232 Mountain Industrial Boulevard. The firm will use the space for storage and distribution for an undisclosed client.

The Ackerman & Co. industrial services leasing team of Brett Buckner and Major Martin represented the landlord in the transaction. Dianne Gay of Avery & Associates represented the industrial tenant.

“Invision Logistics will benefit from Stone Mountain Industrial Park's excellent interstate access,” says Buckner, senior vice president. “The park is also located within the Stone Mountain Community Improvement District, which has invested in significant streetscape, landscaping and infrastructure improvements to the surrounding area.”

2232 Mountain Industrial Boulevard is part of the 68-building, 4.1-million-square-foot Stone Mountain Industrial Park, a master-planned business park with a variety of distribution facility configurations, including front, rear and side-load designs up to 300,000 square feet. Located at the intersection of Mountain Industrial Boulevard and Hugh Howell Road, the 105,000-square-foot distribution facility is three miles from Interstate 285, offering access to Atlanta's interstate highway network and major markets across the Southeast US.

(Check out this mega industrial trend in Atlanta. And don't miss the report on strong foreign investment in this sector.)

“E-commerce has helped fuel absorption and rental rate growth,” Chris Riley, vice chairman of Industrial National Partners at CBRE, tells GlobeSt.com. “Several of the world's most respected brands such as Duracell, Williams-Sonoma and Wayfair have recently made long term commitments to the metro—we expect to see the continued influx of e-commerce tenants in the months ahead. As indicated in the recent investor intention survey, industrial product is the most sought after product type in 2017, leading capitalization rates in Atlanta to trade below 5%, as seen in other Tier 1 markets such as Chicago and Dallas.”

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