The Atlanta office of Trammell Crow Company (TCC), along with its JV partner Diamond Realty Investments, announced that construction has been completed on the shell buildings at Innovation Business Center in Newnan, Georgia. The 403,648-square-foot industrial business center is located 37 miles southwest of downtown Atlanta within the Shenandoah Industrial Park.
Innovation Business Center includes two single-story buildings; the North Building, located at 195 Innovation Way, spans 201,740 square feet, and the South Building, located at 185 Innovation Way, spans 201,908 square feet. Each building features 32-foot clear heights, 60-foot dock bays, a 185-foot truck court with 115 trailer spaces, 375 automobile parking spaces, and an ESFR fire sprinkler system.
“We are pleased to have delivered this project on time, especially as the demand for logistics and warehouse space continues to grow in suburban Atlanta,” said Chris Eagen, Vice President of TCC Atlanta. “Innovation Business Center was designed with flexibility in mind, capable of meeting the needs of medium-to-large-scale industrial tenants that are looking to either establish or expand their industrial footprint in the area.”
Two tenants have signed leases for space in the South Building – one tenant will occupy 61,717 square feet and the other will occupy 94,162 square feet. Approximately 46,000 square feet of space remains available for lease in the South Building and the entirety of the North Building remains available for either a large single tenant, or for multiple smaller users. The CBRE team of Mark Hawks, Todd Barton and Joanna Blaesing is handling the marketing and leasing of the property.
Ware Malcomb is the project’s architect. Catamount Constructors is acting as the general contractor, Eberly & Associates is the project’s civil engineer and landscape architect, Haines Gipson & Associates is the structural engineer, and Jordan & Skala Engineers is acting as the MEP engineer.
About Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of March 31, 2023, TCC had $17.3 billion of projects in process and $13.1 billion in its pipeline. It employs 700 professionals in 27 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.
