August 1, 2019
Denver-based real estate investment manager and development firm Black Creek Group has acquired a 53-acre land parcel for the development of River Point, a three-building industrial park in Emerson.
The park will total 777,000 square feet and will be able to accommodate tenants ranging from 40,000 to 400,000 square feet. The project marks the firm’s third industrial development in the Atlanta area.
“We are very excited to add such a high-quality site to our development pipeline,” said Matt Breaux, Black Creek Group’s senior vice president for the Southeast Region. “Industrial fundamentals are strong across-the-board in the Greater Atlanta area, but the I-75 Northwest submarket has pent-up demand with very limited new supply.”
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