Source: CoStar
Core5 Industrial Partners has broken ground on a speculative distribution center in Buford, Georgia, it said will be ideally positioned to serve the Atlanta area and greater Southeast region once it’s completed next year.
The Atlanta-based industrial owner and developer is now underway on the Buford Business Centre, a 273,190-square-foot project Core5 is developing on a 22-acre site less than two miles from Interstate 985 and less than five miles from Interstate 85 at 4375 S. Lee St. It is being developed on a speculative basis with all rentable space available for lease, and is being marketed without an asking rental rate.
Adam Richards, Alex McArthur and Tyler Fann of Reliant Real Estate Partners’ Atlanta office are handling the leasing assignment.
Core5, which is also set to soon break ground on a 772,000-square-foot logistics complex outside Cincinnati, expects to complete the Buford Business Centre in mid-2021. Building plans for the rear-load complex include build-to-suit office space, an ESFR sprinkler system, 54 by 52-foot column spacing, 54 loading docks and two drive-ins.
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