Gillem Logistics Middle. Picture courtesy of Cushman & Wakefield
TA Realty has signed a brand new lease at its Gillem Logistics Middle, an industrial campus unfold throughout 1,168 acres in Forest Park, Ga. Covenant Logistics Group will occupy 401,242 sq. ft on the industrial’s asset 909,509-square-foot Constructing 1100, that was bought by the present proprietor in 2021, for $90.9 million. Cushman & Wakefield negotiated on behalf of the owner.
Gillem Logistics Middle is an industrial campus that includes seven accomplished amenities, deliberate to accommodate greater than 8 million sq. ft of business area for distribution and e-commerce tenants. The grasp deliberate industrial asset is located near Interstates 675, 285 and 75, 10 miles from Hartsfield-Jackson Atlanta Worldwide Airport and inside 18 miles of downtown Atlanta.
Not too long ago accomplished, Constructing 1100 is located on a 61-acre lot, at 200 Metcalf Highway, and has 40-foot clear heights, an ESFR system and 300 parking spots, in response to CommercialEdge.
A Cushman & Wakefield crew shaped of Government Vice Chairman Pat Murphy, Managing Director Ray Stache, Senior Director Lisa Pittman, Administrators Tara Healy and Ryan Bellows, along with Senior Affiliate Andrew Thurman, labored on behalf of TA Realty.
The brokerage not too long ago made preparations for an additional massive industrial lease within the space. Cushman & Wakefield represented Scannell Properties in signing a brand new lease at its 393-acre Gardner Logistics Park in Locust Grove, Ga. The longer term tenant will occupy some 1 million sq. ft on the logistics park’s Section III Constructing 1, an under-construction facility.
