River Point Industrial Park Rendering in Emerson, GA
ATLANTA – Black Creek Group has acquired 53 acres of land in Emerson, Georgia, with plans to develop a three-building Class A industrial park.
The 777,000-square foot park located in the I-75 Northwest submarket of Atlanta will be titled River Point. The development plans to accommodate multiple tenants, offering spaces ranging from 40,000 square feet to 400,000 square feet. Construction on the site is expected to commence on all three buildings in the fourth quarter of 2019.
This project represents Black Creek Group's third industrial development in the Atlanta area. The firm has expressed hopes to capitalize on the Greater Atlanta area's high demand and limited supply of industrial fundamentals. The development will push the firm's regional industrial footprint to approximately 5.8 million square feet.
Black Creek Group is a Denver-based real estate investment manager and development firm which manages offerings across office, industrial, retail and multifamily real estate. The firm has bought or built more than $19 billion in investments since its inception and it currently holds nine offices throughout North America with a staff of more than 300 professionals.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
