LogistiCenter at Vibrant Star will whole 181,000 sq. toes throughout two buildings. Picture courtesy of Dermody Properties
Dermody Properties is on the point of develop LogistiCenter at Vibrant Star, a 181,000-square-foot industrial campus in Douglasville, Ga., within the Interstate 20 West Atlanta submarket. Building of the two-building property will begin in early 2024 and completion is predicted within the second quarter of 2025.
The developer acquired the land in September for $1.8 million, public data present. Hughes Business Actual Property Affiliate Mason Marsteller represented the customer.
The rear-load services will likely be divisible by as much as three tenants and take form in accordance with LEED requirements. Constructing 1 will embody 113,400 sq. toes, whereas Constructing 2 will comprise 68,040 sq. toes.
Each warehouses will characteristic 70-foot truck courts, 32-foot clear heights, 60-foot pace bays and two drive-in doorways. Plans additionally name for 28 dock-high doorways, 10 dock levelers and 90 automobile parking spots at Constructing 1, together with 26 dock doorways, eight dock levelers and 50 parking areas at Constructing 2.
Rising on the north and south aspect of the Vibrant Star Connector, the services will present entry to Interstate 20. Interstate 285 will likely be some 17 miles away, whereas downtown Atlanta and Hartsfield-Jackson Atlanta Worldwide Airport will likely be inside a 23-mile radius.
Dermody Properties at the moment owns 5 industrial properties within the Southeast market, amounting to greater than 1 million sq. toes. Earlier this yr, the agency bought a 312,000-square-foot logistics facility in Backyard Metropolis, Ga.
