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| Rendering of Lambert Farms Logistics Park, Henry County, GA |
ATLANTA - JLL’s
Atlanta office announced it was named exclusive leasing agent for Lambert
Farms Logistics Park, a Class A, 447-acre industrial park being developed
by MetLife Inc. and Panattoni Development Company, Inc. in Henry County,
Georgia, approximately 25 miles south of downtown Atlanta.
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| Wit Truitt |
Executive Vice President Wit Truitt, Senior Vice
President Chris Tomasulo, Vice President Rodney Davidson and
Associate Reed Davis will lead the JLL leasing team.
“The Lambert Farms Logistics Park is perfectly poised to
thrive for years to come,” Truitt said. “Large blocks of Class A industrial
space already are in short supply in metro Atlanta, and as the economy improves
and distribution activity picks up, the demand for these kinds of properties
will only rise.
“This assignment represents a tremendous opportunity for our
team.”
Panattoni just broke ground on the master-planned industrial
park’s first phase, which will consist of a 750,000-square-foot spec
distribution center on 183 acres.
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| Chris Tomasulo |
The state-of-the-art building will feature 36-foot clear
heights, abundant parking for tractor-trailers and cars to accommodate both
e-commerce and traditional bulk tenants, and will be built to LEED standards.
The building is slated to be delivered by July 2015.
Site plans allow the spec building to expand to up to nearly
1.5 million square feet. Overall, Lambert Farms Logistics Park will be able to
accommodate up to seven million square feet of total distribution space and
individual buildings up to two million square feet in size.
The industrial park sits on the east side of the
intersection of I-75 and SR 155.
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| Rodney Davidson |
“Panattoni has been an active developer in the Southeast
with nine projects under construction totalling more than 5.8 million square
feet,” said Dayne Pryor, Partner at Panattoni. “Nationwide, Panattoni is
currently under construction on 39 projects totalling more than 16.5 million square
feet.”
“We are excited to have JLL as the exclusive leasing agent
for Lambert Farms,” said Whitfield Hamilton, Partner at Panattoni. “We
have a long, successful history with JLL, including currently pursuing about
four million square feet of build-to-suit opportunities in Nashville, Miami,
Memphis and Greenville, South Carolina.”
For more news, videos and research resources on JLL, please
visit JLL’s U.S. Media Center web page.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
Phone: +1-404-549-7150
Email: sursery@thewilbertgroup.com
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