TCC and CBRE IM Deliver 1.5M SF of Warehouse Space northeast of Atlanta

Trammell Crow Company (TCC), a leading real estate developer and JV partner CBRE Investment Management, on behalf of a fund it manages, has completed construction on the first phase of Jackson 85 North Business Park (Jackson 85 North) in Pendergrass, Georgia. Phase one features two Class-A speculative warehouse buildings totaling 1,556,350 square feet on 215 acres of land.

"The significance of the Interstate 85 North corridor, linking Atlanta to the Carolinas, remains vital to distribution networks in the Southeast," said Will Lombard, Senior Vice President at TCC Georgia. "With the completion of the first phase of Jackson 85 North, we are ideally positioned to meet the immediate requirements of a large user, and we are excited about the opportunity to do so."

Building 1 measures 538,450 sq. ft. while Building 2 spans 1,017,900 sq. ft. These state-of-the-art cross-dock warehouses include 40-foot clear heights, 185-foot concrete truck courts, abundant trailer and auto parking, over 290 dock door positions, and four drive-in ramps. Each building features a watertight roofing system that can accommodate future solar panels, ample electrical service, and an ESFR fire protection system. Both buildings also come with a 3,900-sq.-ft. fully air-conditioned interior office area.

Design for phase two of Jackson 85 North is underway and includes two additional speculative warehouses measuring 210,080 sq. ft. and 524,160 sq. ft. Phase Two could also accommodate a build-to-suit warehouse of up to 750,000 sq. ft. Marketing and leasing for the entire project is being led by Wilson Hull & Neal Real Estate.

“Jackson 85 North is consistent with CBRE Investment Management’s strategy of acquiring and developing modern and highly functional, state-of-the-art logistics facilities that meet the rapidly evolving needs of our global occupiers in well-located major population and consumption centers,” said Jesse Harty, Head of CBRE IM’s Americas Logistics Operator Division. “We are pleased to have partnered with Trammell Crow Company on this development and are thrilled to welcome this asset into our portfolio.”

The Jackson 85 North Business Park is located approximately 60 miles northeast of Atlanta. The location affords tenants easy access to Interstate 85, Metro Atlanta, and to major markets in other nearby states.