September 14, 2018
Trammell Crow Company (TCC) and joint venture partner, Clarion Partners, LLC, acquired more than 109 acres for the third phase of Jefferson Mill Business Park in metro Atlanta. The acquisition represents an assemblage of seven different properties held by seven distinct owners.
The developers are planning Phase III as a build-to-suit, cross-dock distribution facility that can provide tenants between 1.1-and-1.5 million square feet of space. Located in Jefferson, GA, the project is within the I-85 Northeast Market, one of Atlanta’s largest industrial markets.
TCC’s Mark Dishaw says, “With Atlanta’s growing population base, major interstates, proximity to the world’s busiest airport, and our site’s attributes, our project is well-positioned to benefit from the continued e-commerce surge in Atlanta.”
Colliers International’s Price Weaver and Ben Logue represented TCC and Clarion Partners. Norton Commercial’s Matt McCord, Whitworth Land Corporation’s Grant Whitworth and Keller Williams’ Kim Bowman represented the various sellers.
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