Trammell Crow Company Announces 1.1M-SF Build-to-Suit Facility for Ace Hardware in Georgia
June 29, 2021
The Atlanta office of Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and JV partner Clarion Partners, LLC., announce that they have been engaged for the design and construction of a new distribution center for Ace Hardware Corporation within the TCC-developed Jefferson Mill Business Park in Jefferson, Ga. Ace Hardware, a wholesaler, retailer, and service provider for the $62 billion convenience hardware segment, will lease an entire 1,117,800-square-foot building when construction is complete in 2Q 2022.
The built-to-suit facility, located at 1231 Hog Mountain Road, will act as one of the company’s 16 retail support centers, serving 350 stores across four states. The facility will include 28,000 square feet of dedicated office space, 400 car parking spaces and 300 trailer parking spaces. The building is expandable by an additional 460,000 square feet to meet future growth plans.
“We are pleased to be working closely with Ace Hardware to develop the company’s new retail support center, which will be able to meet the current and future needs of Ace’s business operations throughout the Southeast market,” said Mark Dishaw, Managing Director of Trammell Crow Company Atlanta.
Ace Hardware was represented by David Lind of CBRE in the lease negotiations, while the landlords were represented by Ben Logue and Price Weaver of Colliers.
Jefferson Mill Business Park is located approximately 60 miles northeast of Atlanta. The Park affords tenants easy access to I-85, to Metro Atlanta and the other nearby states in a very short drive. TCC and Clarion Partners, upon the start of this project, will have developed 2.9 million square feet of industrial space across three phases of development at Jefferson Mill Business Park.
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 September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 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.