(One developer is still pulling the spec industrial lever hard. Check it out.)

Southwest 85 is a replacement facility for Core5's Shugart Farms facility where Duracell signed a 10-year lease before building completion earlier this year. TA Reality acquired the building in June 2017.

“We continue to see significant demand from large-scale users in the metro area with absorption outpacing supply,” says Ward. Southwest 85 will be Core5's first building in Atlanta over one million square feet in size. Core5 currently has another 3.7 million square feet in six projects under construction or in the immediate pipeline around the city in addition to Southwest 85 Logistics Center.

Retail changes continue to transform industrial. Read the report.)

“During this cycle, one major trend for large industrial users has been focusing on speed to market, which has been brought on by the explosion in e-commerce demand,” Trey Barry, CBRE National Partners, Industrial, tells GlobeSt.com. “Users are struggling to keep pace with this growth in their supply chain networks. As a result, users are looking for bigger blocks of space close to major metropolitan areas and prefer buildings either already constructed or close to completion in order to hit their tight timelines. This has been one of the largest trends impacting the success of the bulk speculative developers in Atlanta.”

ATLANTA—Core5 Industrial Partners closed on a 109-acre, fully entitled industrial site at Exit 51 in the Interstate 85-Southwest Atlanta submarket. Core5 will immediately break ground on the development of Southwest 85 Logistics Center, a 1.1 million-square-foot industrial facility,

The industrial property is expandable to 1.3 million square feet and has all the attributes of an e-commerce fulfillment center. Delivery is scheduled for the second quarter 2018.

“Located less than two minutes from Exit 51 on Interstate 85, the property provides outstanding access and interstate frontage visibility coupled with easy proximity to Metro Atlanta's population base,” says Lisa Ward, senior vice president and managing director for Core5. “This will be an ideal facility for e-commerce fulfillment. Core5 is very bullish on the Southwest Atlanta Market and on this site, in particular.”

The configuration of the Southwest 85 site offers flexibility and expansion opportunities up to 1.3 million square feet. The industrial building will feature 40-foot clear ceiling height and can accommodate trailer parking for over 520 trailers with over 1,000 auto parking spaces. The site is in pro-business northern Coweta County and offers significant five-year job tax credits equal to $3,500 per qualified job with a total value of $7 million for the creation of 400 qualified jobs.

(One developer is still pulling the spec industrial lever hard. Check it out.)

Southwest 85 is a replacement facility for Core5's Shugart Farms facility where Duracell signed a 10-year lease before building completion earlier this year. TA Reality acquired the building in June 2017.

“We continue to see significant demand from large-scale users in the metro area with absorption outpacing supply,” says Ward. Southwest 85 will be Core5's first building in Atlanta over one million square feet in size. Core5 currently has another 3.7 million square feet in six projects under construction or in the immediate pipeline around the city in addition to Southwest 85 Logistics Center.

Retail changes continue to transform industrial. Read the report.)

“During this cycle, one major trend for large industrial users has been focusing on speed to market, which has been brought on by the explosion in e-commerce demand,” Trey Barry, CBRE National Partners, Industrial, tells GlobeSt.com. “Users are struggling to keep pace with this growth in their supply chain networks. As a result, users are looking for bigger blocks of space close to major metropolitan areas and prefer buildings either already constructed or close to completion in order to hit their tight timelines. This has been one of the largest trends impacting the success of the bulk speculative developers in Atlanta.”